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💸retrench

verb
/rɪˈtrɛntʃ/
retreat retribution

Meaning

to reduce costs, spending, or staff to save resources

Example Sentences

The company had to retrench employees due to financial difficulties.

Synonyms

cut back, downsize, economize, reduce, curtail

Antonyms

expand, increase, grow

Collocations

retrench employees, retrench costs, retrench operations, retrench spending

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