*(You can also call this action by clicking the View Menu, then selecting Compact View).
2. Skype will be separated into 2 windows - the Skype Main Window and the Skype Home window.
3. You can close the Skype Home window so what will remain is the smaller Skype Main window. To switch back to the default view, just click the Switch View button again.
*( Or you can again click the View menu, then select Default View.)