
Retrench
Business Troubles
Often used to describe companies in financial difficulty scaling back operations.
The startup had to retrench after running out of investment capital.
Not Always Negative
Retrenching can be strategic, allowing for refocusing rather than only signifying loss.
Our business will retrench to core activities to improve efficiency.
Not Job Specific
Retrench doesn't only apply to staff cuts; it can be about any resource or expense.
The magazine retrenched its overseas editions to cut costs.