retrenches
Reduces spending sharply
Retrenches is the third-person singular form of retrench, meaning to cut back or reduce expenses, especially by eliminating jobs or programs.
Organizations retrench during economic downturns: The company retrenches whenever profits fall.
The word carries a sense of defensive withdrawal—pulling back to a more sustainable position.
A person who retrenches abandons an untenable stance for a more defensible one.
Reducing expenditures deliberately
- budget cutsPlanned spending reductions
- cutbacksReductions in spending
- trimmingCutting away excess
- slashingCutting with force
paring · reduction · belt-tightening · curtailing · pruning · austerity measures · scaling back · economizing
Mass job eliminations
- redundanciesUnneeded duplications or repetitions
- severanceTermination pay or disconnection
- downsizingReducing workforce or scale
- furloughsTemporary work absences
pink slips · outplacement · headcount · attrition · rightsizing · restructuring · terminations · redeployment
Strengthening defenses or nutrients
- defenseProtection against harm
- withdrawalAct of taking away
- fallbackAlternative if primary fails
- consolidationCombining into unified whole
defensive position · stronghold · redoubt · garrison · perimeter · defensive line · tactical retreat · regrouping
Rearranging an existing framework
- streamliningMaking more aerodynamic or efficient
- consolidationCombining into unified whole
- rationalizationInventing acceptable motives afterward
- simplificationMaking something less complex
centralization · optimization · efficiency · reorganization · integration · realignment · merger
cost-cutting
Reducing expenditures deliberately
- budget cutsPlanned spending reductions
- cutbacksReductions in spending
- trimmingCutting away excess
slashing · paring · reduction · belt-tightening · curtailing · pruning · austerity measures · scaling back · economizing · tightening
layoffs
Mass job eliminations
- redundanciesUnneeded duplications or repetitions
- severanceTermination pay or disconnection
- downsizingReducing workforce or scale
furloughs · pink slips · outplacement · headcount · attrition · rightsizing · restructuring · terminations · redeployment · workforce reduction
fortification
Strengthening defenses or nutrients
- defenseProtection against harm
- withdrawalAct of taking away
- fallbackAlternative if primary fails
consolidation · defensive position · stronghold · redoubt · garrison · perimeter · defensive line · tactical retreat · regrouping · dig in
restructuring
Rearranging an existing framework
- streamliningMaking more aerodynamic or efficient
- consolidationCombining into unified whole
- rationalizationInventing acceptable motives afterward
simplification · centralization · optimization · efficiency · reorganization · integration · realignment · merger
retrenchesadvances
Forward movements or progress
extends · pushes forward · branches out · diversifies · broadens
retrench, retrenchment, retrenched, retrenching, retrenchments