单词 | retrench |
释义 | retrench retrench // verb
1 (formal) [no obj] (about a business, government, etc.) to spend less money; to reduce costs: The company is retrenching rather than expanding. Many heavily indebted consumers may be forced to retrench.
2 (HR ) [+ obj] to tell sb that they cannot continue working for you: The plan is to retrench about 500 to 700 people. SYN LAY OFF NOTE Retrench with this meaning is mainly used in Australia, New Zealand and South Africa.
retrenchment noun [U,C]: Businesses have begun expanding after two years of retrenchment. Workers are demanding a retrenchment package. the risk of a sudden consumer retrenchment |
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