Retrenching

Pronunciation: /riːˈtrɛntʃɪŋ/

Retrenching (verb)

  1. Reducing costs or spending, often by making cuts to jobs or services.
  2. To limit or reduce the amount of something available, especially in a difficult situation.

Examples

  • The company is retrenching its workforce to save costs.
  • The organization is retrenching its budget for the upcoming year.

Common collocations: retrench expenses, retrench staff, retrench funding, retrench operations

Synonyms of Retrenching

Formal

Neutral

Antonyms of Retrenching

  • — to increase in size or scope.
  • — to allocate resources for growth.