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to retrench
01
ontslaan, herstructureren
to reduce the expenses of one's company by dismissing a number of employees from their job
Voorbeelden
Due to declining sales, the company decided to retrench several employees to reduce operational costs and stay afloat.
Vanwege dalende verkopen besloot het bedrijf om verschillende werknemers te ontslaan om de operationele kosten te verlagen en het hoofd boven water te houden.
In response to the economic downturn, the government had to retrench its spending on public projects to balance the budget.
Als reactie op de economische neergang moest de regering haar uitgaven aan openbare projecten vermindern om de begroting in evenwicht te brengen.
02
to reduce spending or conserve resources
Voorbeelden
During the recession, families retrenched to stretch their budgets.
The company retrenched on unnecessary expenses.
Lexicale Boom
retrenchment
retrench
trench
