retrench

verb
UK: /rɪˈtrentʃ/
US: /rɪˈtrentʃ/

  1. To reduce costs or spending in response to economic difficulty.

    1. The company had to retrench to avoid bankruptcy.
    2. Due to budget cuts, the library will retrench its services drastically.

  2. To cut down or curtail (expenses); reduce.

    1. We must retrench our budget this year.
    2. The government decided to retrench spending on public projects.

  3. To reduce staff or personnel; lay off employees.

    1. The factory had to retrench workers.
    2. In an effort to save money, the company chose to retrench several employees.

Synonyms

economize reduce downsize
retrench noun

  1. The act of cutting down or reducing expenses; a reduction in costs.

    1. Retrench is never easy on the company.
    2. Further retrench would impact the quality of customer support.

Frequently Asked Questions

The word "retrench" in English means: To reduce costs or spending in response to economic difficulty., To cut down or curtail (expenses); reduce., To reduce staff or personnel; lay off employees..

The phonetic transcription of "retrench" is /rɪˈtrentʃ/ in British English and /rɪˈtrentʃ/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "retrench": economize, reduce, downsize.

Example usage of "retrench": "The company had to retrench to avoid bankruptcy.". More examples on the page.