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to retrench
01
recortar
to reduce the expenses of one's company by dismissing a number of employees from their job
Ejemplos
Due to declining sales, the company decided to retrench several employees to reduce operational costs and stay afloat.
Debido a la disminución de las ventas, la empresa decidió recortar a varios empleados para reducir los costos operativos y mantenerse a flote.
In response to the economic downturn, the government had to retrench its spending on public projects to balance the budget.
En respuesta a la recesión económica, el gobierno tuvo que reducir su gasto en proyectos públicos para equilibrar el presupuesto.
02
to reduce spending or conserve resources
Ejemplos
During the recession, families retrenched to stretch their budgets.
The company retrenched on unnecessary expenses.
Árbol Léxico
retrenchment
retrench
trench
