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  1. Dictionary
    retrenchment
    /rɪˈtrɛn(t)ʃm(ə)nt/

    noun

    • 1. the reduction of costs or spending in response to economic difficulty: "this period of retrenchment will see companies shed staff"

    More definitions, origin and scrabble points

  2. RETRENCHMENT definition: 1. a situation in which a government, etc. spends less or reduces costs: 2. a situation in which…. Learn more.

  3. Jan 8, 2024 · The meaning of retrenchment is to terminate employees or workmen by the employer for economic reasons. This termination of their services is not done as a punishment or disciplinary action but on the ground of surplus labour or the financial position of the business or company.

  4. The meaning of RETRENCHMENT is reduction, curtailment; specifically : a cutting of expenses.

  5. 2 meanings: 1. the act of reducing expenditure in order to improve financial stability 2. an extra interior fortification to.... Click for more definitions.

  6. Definition of retrenchment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

  7. Define retrenchment. retrenchment synonyms, retrenchment pronunciation, retrenchment translation, English dictionary definition of retrenchment. n. 1. A cutting down or back; reduction. 2. A curtailment of expenses. n. The act of consolidating one's strength, as for further efforts. American...

  8. RETRENCHMENT meaning: 1. a situation in which a government, etc. spends less or reduces costs: 2. a situation in which…. Learn more.

  9. Retrenchment is basically a formal way of saying "layoffs" or "downsizing." If a company undergoes retrenchment, it's usually in a bad financial situation and must find ways to spend less money. Eliminating jobs is one common way to do this.

  10. What is Retrenchment? Retrenchment means cutting down expenditures by relieving employees to become financially solvent. In HR, termination is very common when an employee does not perform up to the mark or does not follow the professional code of conduct.

  11. There is one meaning in OED's entry for the noun retrenchment. See ‘Meaning & use’ for definition, usage, and quotation evidence.