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to retrench
01
ridurre, licenziare
to reduce the expenses of one's company by dismissing a number of employees from their job
Example
Due to declining sales, the company decided to retrench several employees to reduce operational costs and stay afloat.
In response to the economic downturn, the government had to retrench its spending on public projects to balance the budget.
Faced with increased competition, the business retrenched its product line, focusing only on the most profitable items.
02
stringere la cinghia, ridurre le spese
tighten one's belt; use resources carefully
word family
trench
Verb
retrench
Verb
retrenchment
Noun
retrenchment
Noun
Parole Vicine
