retrench
retrench
British pronunciation
/ɹɪtɹˈɛnt‍ʃ/

Definizione e significato di "retrench"in inglese

to retrench
01

licenziare, ristrutturare

to reduce the expenses of one's company by dismissing a number of employees from their job
example
Esempi
Due to declining sales, the company decided to retrench several employees to reduce operational costs and stay afloat.
A causa del calo delle vendite, l'azienda ha deciso di ridimensionare diversi dipendenti per ridurre i costi operativi e rimanere a galla.
In response to the economic downturn, the government had to retrench its spending on public projects to balance the budget.
In risposta alla recessione economica, il governo ha dovuto ridurre la spesa per i progetti pubblici per bilanciare il bilancio.
02

to reduce spending or conserve resources

example
Esempi
During the recession, families retrenched to stretch their budgets.
The company retrenched on unnecessary expenses.
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