Expert as in economy The act of reducing or cutting back, typically used in the context of minimizing expenses or resources, leading to a state of deficiency or insufficiency. Clear All
3 Example Sentences Showcasing the Meaning of 'Retrenchment'
The company announced a retrenchment strategy to cope with the economic downturn, resulting in job cuts and reduced spending.
The retrenchment of research funding posed challenges for scientists, impacting the progress of critical studies and breakthroughs.
The company's retrenchment policy led to a significant reduction in workforce, causing distress among employees.
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