Retrenchment - Wikipedia Retrenchment (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
RETRENCHMENT Definition Meaning | Dictionary. com Retrenchment definition: the act of retrenching; a cutting down or off, as by the reduction of expenses See examples of RETRENCHMENT used in a sentence
What is Retrenchment?: Meaning Definition | Pocket HRMS 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: Definition, Causes HR Best Practices Retrenchment is a business strategy where a company reduces its operations or workforce to cut costs and improve efficiency It's like the company is "slimming down" to stay financially healthy
What Is Retrenchment Of Employees Strategy? What is Retrenchment? Many companies turn to retrenchment when they need to downsize their staff This process typically involves terminating workers as a strategic move aimed at addressing financial constraints or restructuring operations due to changing business conditions