() [] (about a business, government, etc.) to spend less money; to reduce costs （企业、政府等）节约，紧缩开支◆The company is retrenching rather than expanding. 这家公司正在紧缩开支，而不是扩张业务。
() [] to tell sb that they cannot continue working for you 裁减（员工）◆The plan is to retrench about 500 to 700 people. 这项计划将要裁减大约 500–700 人。SYNlay off ⓘ Retrench with this meaning is mainly used in Australia, New Zealand and South Africa. retrench 的这一意义项主要用於澳大利亚、新西兰和南非。▸reˈtrenchment
noun
[, ]◆Businesses have begun expanding after two years of retrenchment. 经过两年的开支紧缩之後，企业已开始扩张。◆Workers are demanding a retrenchment package. 工人正在要求制订一项紧缩方案。