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. π
The pro football team could possibly retrench and trim down their huge payroll budget. π
After several months of economic loss, board members felt it was best to retrench on all fronts. π
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. π
The companyβs orders continued to dwindle and they were forced to retrench manufacturing operations. π
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