I don't like how this is worded. Makes it sound as though the cod are actively reducing their size. But this is very straight forward Darwin's Theory, survival of the fittest, in action. In this case, the "fittest" cod are the ones with the propensity to be small, since they can escape the nets and survive to breed and pass on that propensity.
And it follows that there won't be a "bounce back" of the larger cod any time soon, as it takes thousands of years in a minimally interrupted state for such diversity to come about in nature. Of course this applies to all other living creatures as well.
> it takes thousands of years in a minimally interrupted state for such diversity to come about in nature
The article says it only took 30 years to kill off all the big cod by only allowing the generically-smaller cod to escape and continue breeding. Now that all the eastern cod are protected, maybe it will only take 30 years for the gene pool to return to normal size distribution.