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the retrenchment
noun
A reduction or curtailment; often referring to a business or government agency cutting back operations or laying off workers.
synonyms
Exact(59)
The retrenchment is frightening.
The retrenchment has hurt morale among lower-tier workers.
The retrenchment in financial shares has already begun.
The retrenchment could make it more difficult for some potential buyers to get car loans.
Their growth has been helped by the retrenchment of some international banks in recent years.
For Merrill, the retrenchment represents a second failed bid to win over Japan's investors.
Today, the retrenchment of American technology companies has created another kind of contagion.
The retrenchment of corporate investment, in his view, may be nearing its end.
The retrenchment into a safe space where arguments within feminism replace arguments for feminism disturbs me.
The archbishop suggested that the retrenchment answered the yearnings of Catholics today.
But no one at the company's campus here viewed the retrenchment as a retreat.
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