retrenchment

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re·trench·ment

(rē-trench'ment),
The cutting away of superfluous tissue.
[F. re-, back, + trancher, to cut]

re·trench·ment

(rē-trench'mĕnt)
The cutting away of superfluous tissue.
[F. re-, back, + trancher, to cut]

retrenchment

[Fr. retrenchier, to cut back]
1. A budgetary reduction; a cutback in the amount of funds allocated for a purpose.
2. A procedure used in plastic surgery to remove excess tissue.
References in periodicals archive ?
We went into the meeting thinking that the company would only retrench 79 people and we were not prepared for what we heard," he added.
Yes, it's hard that many of our industries are branches of national or international companies and when they retrench we suffer, but we still have a hell of a lot going for us.
In spite of salary increases, real wages have dropped by more than 25 percent, causing households to retrench and concentrate on purchasing the basic necessities.
As companies merge and close "redundant" facilities, the implied strategy is that the combined company must retrench to protect a dwindling market.
The consultants realized at this point that they needed to retrench and come up with a strategy to enable them to successfully conclude the engagement.
The protestors also demanded that ministry of Water and Power to withdraw the decision to privatise the companies as it would retrench the employees.
The number of multinational corporations that will retrench staff in 2009 will continue to grow as they follow the lead of Toyota, General Motors, DBS Bank, and Chrysler.
The bank, which has decided to retrench some CASB team members, also said that it was on track to complete CASB's 18-month transition by September 2009.
A lot of developers are also adopting a wait-and-watch approach before making a final approach to retrench their staff, hoping that there will be some kind of government investment mortgage vehicle to bail them out.
Early market leaders will retrench for fiercely intense competition in device appeal, IT manageability and TCO (Total Cost of Ownership) in both the low and high ends of the market.
No can think about the reinstatement of these thousands of retrenched employees, who have been reinstated with the signature of only one Ordinance, the minister said and added that these after retrenchment, these employees made a long struggle, approached to the courts for justice and held protest demonstrations even in front of Press Club, but now their jobs have been secured as no can retrench them in future at any cost.
The company has a stockpile of logs, but Ho warned that the fines and suspension of the forest concessions could force the company to cut production and retrench workers.