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Meaning of “retrench” in the English Dictionary

"retrench" in British English

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(Definition of retrench from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"retrench" in Business English

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retrenchverb

uk   /ˌriːˈtrentʃ/ us  
[I] MANAGEMENT, FINANCE if governments, companies, etc. retrench, they start spending less money, or reducing costs: Some large corporate R&D departments have retrenched. It's time to retrench and refocus on our key brands. The company retrenched and cut staff in the face of the impending downturn.
[T] Australian English HR, WORKPLACE to remove a worker from their job as a way of reducing costs: With the level of unemployment already so high, the thought of approximately 10,000 workers being retrenched is difficult to bear.
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(Definition of retrench from the Cambridge Business English Dictionary © Cambridge University Press)
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“retrench” in Business English

Watching the detectorists
Watching the detectorists
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May 31, 2016
by Colin McIntosh You could be forgiven for thinking that old-fashioned hobbies that don’t involve computers have fallen out of favour. In fact, nothing could be further from the truth. If anything, the internet has made it easier for people with specialist hobbies from different corners of the world to come together to support one another

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