Definition of Retrench
Retrench
re·trench
Definition/Meaning
(verb)
To reduce costs or staff, especially by eliminating unnecessary things.
e.g. The company had to retrench to stay afloat during the economic downturn.
(verb)
to reduce expenses and costs, typically in response to economic difficulty, may describe the behavior of a person, company, or government;
e.g. The company was forced to retrench and fire some of its employees.
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