Meaning & use
retrenchment
A significant reduction in costs, spending, or staff, especially by an organization or government.
See it in a sentence
The company announced a period of retrenchment, cutting hundreds of jobs to save money.
Years of retrenchment left the university with far fewer faculty than a decade earlier.
A note on using this word
Retrenchment is common in business and economics, often describing layoffs or budget cuts made to survive a financial downturn.
Words with a similar meaning
cutbackdownsizing
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Words with an opposite meaning
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