Definition of retrench verb from the Oxford Advanced Learner's Dictionary

     

    retrench

     verb
    verb
    BrE BrE//rɪˈtrentʃ//
     
    ; NAmE NAmE//rɪˈtrentʃ//
     
    Verb Forms present simple I / you / we / they retrench
    BrE BrE//rɪˈtrentʃ//
     
    ; NAmE NAmE//rɪˈtrentʃ//
     
    he / she / it retrenches
    BrE BrE//rɪˈtrentʃɪz//
     
    ; NAmE NAmE//rɪˈtrentʃɪz//
     
    past simple retrenched
    BrE BrE//rɪˈtrentʃt//
     
    ; NAmE NAmE//rɪˈtrentʃt//
     
    past participle retrenched
    BrE BrE//rɪˈtrentʃt//
     
    ; NAmE NAmE//rɪˈtrentʃt//
     
    -ing form retrenching
    BrE BrE//rɪˈtrentʃɪŋ//
     
    ; NAmE NAmE//rɪˈtrentʃɪŋ//
     
    Unemployment
     
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  1. 1[intransitive] (formal) (of a business, government, etc.) to spend less money; to reduce costs The Board of Directors realized the need to retrench in the face of falling demand.
  2. 2[transitive] retrench somebody (Australian English, New Zealand English, South African English) to tell somebody that they cannot continue working for you CollocationsUnemploymentLosing your job lose your job (British English) become/​be made redundant be offered/​take voluntary redundancy/​early retirement face/​be threatened with dismissal/(British English) the sack/(British English) compulsory redundancy dismiss/​fire/ (especially British English) sack an employee/​a worker/​a manager lay off staff/​workers/​employees (Australian English, New Zealand English, South African English) retrench workers cut/​reduce/​downsize/​slash the workforce (British English) make staff/​workers/​employees redundantBeing unemployed be unemployed/​out of work/​out of a job seek/​look for work/​employment be on/​collect/​draw/​get/​receive (both British English) unemployment benefit/​jobseeker’s allowance be/​go/​live/​sign (British English, informal) on the dole claim/​draw/​get (British English, informal) the dole be on/​qualify for (North American English) unemployment (compensation) be/​go/​live/​depend (North American English) on welfare collect/​receive (North American English) welfare combat/​tackle/​cut/​reduce unemployment See related entries: Unemployment
  3. Word Origin late 16th cent. (in the now formal usage): from obsolete French retrencher, variant of retrancher, from re- (expressing reversal) + trancher ‘to cut, slice’.
See the Oxford Advanced American Dictionary entry: retrench