Retrenchment Definition & Meaning - Merriam-Webster
WEBThe meaning of RETRENCHMENT is reduction, curtailment; specifically : a cutting of expenses.
A Definitive Guide to Retrenchment Strategy (With Examples)
WEBUpdated June 24, 2022. Retrenchment is a strategy that some organizations use to prevent further profit losses. While you may not decide to go through with retrenchment, knowing how to handle the process and create positive outcomes for the professionals you work with can be an important step in helping you develop as a professional.
What is a Retrenchment strategy: Explained with types & examples
WEBRetrenchment strategy refers to the strategic decision of a company to downsize its operations, reduce costs, and focus on its core competencies to improve its overall performance. Companies can adopt several types of retrenchment strategies, depending on their specific circumstances and goals.
RETRENCHMENT | English meaning - Cambridge Dictionary
WEBa situation in which a government, etc. spends less or reduces costs: In retrenchment, central government may seek to limit the total expenditure of all local governments for …
Retrenchment Strategy: Simplified and Explained - Shiftbase
WEBMar 13, 2024 · What is retrenchment? Retrenchment refers to a strategic approach that organizations adopt when they face financial difficulties, operational inefficiencies, or a decline in their market position. It involves a series of deliberate actions aimed at cutting costs, optimizing resources, and repositioning the company for long-term …
Retrenchment - Wikipedia
WEBRetrenchment ( French: retrenchment, an old form of retranchement, from retrancher, to cut down, cut short) is an act of cutting down or reduction, particularly of public expenditure. [1] Political usage.
RETRENCHMENT definition | Cambridge English Dictionary
WEBa situation in which a government, etc. spends less or reduces costs: In retrenchment, central government may seek to limit the total expenditure of all local governments for …
Commentary: The emotional impact of being retrenched - CNA
WEB3 days ago · Retrenchment can be understood as a significant life event - a psychological lexicon denoting a disruption that necessitates major adjustments to one's daily life. Such events, which range from ...
What is Retrenchment? Meaning and Definition - HR Glossary
WEBWhat is Retrenchment? Retrenchment is a process of reducing employees by terminating them from the workforce. Organizations often have to take this decision due to following reasons like business downturns, restructuring, or the need to reduce costs.
Retrenchment - Explained | Reference Library | Business | tutor2u
WEBMay 12, 2018 · Retrenchment is a term used to describe when a business decides to significantly cut or scale-back its activities. Retrenchment might occur when one or more of the following happen to a business: Reduce output & capacity; Job losses / redundancy programmes; Product / market withdrawal; Disposal of business unit; Scaling back …
- Some results have been removed
Skip to content