Verb
To cut off; to pare away.
To lessen; to abridge; to curtail; as, to retrench superfluities or expenses.
To confine; to limit; to restrict.
To furnish with a retrenchment; as, to retrench bastions.
To cause or suffer retrenchment; specifically, to cut down living expenses; as, it is more reputable to retrench than to live embarrassed.
Source: Webster's dictionaryThe company had to retrench Source: Internet
One big hurdle Indian legislations provide is the procedural difficulty to lay-off or retrench a workman. Source: Internet
Amid the crisis and exodus of many journalists from the company in recent months, Chikadya planning to retrench the thin staff that he has. Source: Internet
In an earlier interview, Ministry of Labour spokesperson Christina Mtukumula said the figure of companies applying to downsize could be more than the 36 as there are some companies that retrench employees without notifying the ministry. Source: Internet
Even today, Jeffrey said, officials in Washington must not “melt down” and retrench when U.S. forces get killed. Source: Internet
Recent reports suggested that Infosys "released" or reoriented about 9,000 employees in the past year and Cognizant is about to retrench 6,000 because of automation of lower-level jobs. Source: Internet