retrench Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "retrench" - Business English Dictionary

See all translations

retrench

verb
 
 
/ˌriːˈtrentʃ/
[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. →  See also lay sb off
(Definition of retrench from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of retrench?
Add Cambridge dictionaries to your browser to your website

Definitions of “retrench” in other dictionaries

Word of the Day
sprint

a short and very fast race, such as the 100 metres, or the last part of a longer race that is run as fast as possible

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More