retrenchment
re-trench-ment
noun
The act of reducing expenditure or operations to save money or resources.
"The firm announced a period of retrenchment."
Thesaurus
Synonyms: downsizing, curtailment
re-trench-ment
The act of reducing expenditure or operations to save money or resources.
"The firm announced a period of retrenchment."
Synonyms: downsizing, curtailment