Looking for the meaning or definition of the word retrench? That's all it means.
to reduce or cut down on expenses, staff
retrench(verb)tighten one's belt; use resources carefully
retrench(verb)make a reduction, as in one's workforce
"The company had to retrench"
to change the way things are done in order to spend less moneyWhen the economy slowed, the company was forced to retrench.
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