Retrench
/rɪˈtrentʃ/
Definition 1 of 3
Pro Tip 1/3Business Troubles
Often used to describe companies in financial difficulty scaling back operations.
The startup had to retrench after running out of investment capital.
Pro Tip 2/3Not Always Negative
Retrenching can be strategic, allowing for refocusing rather than only signifying loss.
Our business will retrench to core activities to improve efficiency.
Pro Tip 3/3Not Job Specific
Retrench doesn't only apply to staff cuts; it can be about any resource or expense.
The magazine retrenched its overseas editions to cut costs.
Compare with
AbateCurtailCut backDecreaseDiminishEconomizeReduceTrim
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