Upside Downsizing

Sacha Baron Cohen, Paul Giamatti, Meryl Streep and Reese Witherspoon are rumored to be circling Alexander Payne 's "Downsizing" says Hollywood Elsewhere.

"Nothing is locked down at this juncture, not even script, certainly not cast. [Payne is] still working on screenplay, although he's close" a source told blogger Jeff Wells about the previously unheard of project.

Giamatti has worked with Payne before on the Academy Award-winning "Sideways" as has Witherspoon on “Election".