Definition of Retrench
to reduce or cut down on expenses, staff
Examples of Retrench in a sentence
In this turbulent economy, many businesses are having to retrench and cut down on spending.
The pro football team could possibly retrench and trim down their huge payroll budget.
After several months of economic loss, board members felt it was best to retrench on all fronts.
With hundreds of employees handing in the balance, the company had to find a way to retrench while affecting as many staff members as possible.
The company’s orders continued to dwindle and they were forced to retrench manufacturing operations.
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