retrenching

the company is retrenching its workforce to cut costs.

retrenching operations has become necessary due to the economic downturn.

many businesses are retrenching their budgets this fiscal year.

retrenching staff can lead to decreased morale among remaining employees.

the manager announced that retrenching would start next month.

retrenching services is a common strategy during financial crises.

investors are worried about the impact of retrenching on profits.

retrenching might help the company survive the tough market conditions.

she was tasked with retrenching unnecessary expenditures.

retrenching is often seen as a last resort in business management.