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The meaning of RETRENCHMENT is reduction, curtailment; specifically : a cutting of expenses.

RETRENCHMENT definition: 1. a situation in which a government, etc. spends less or reduces costs: 2. a situation in which…. Learn more.

Retrenchment is a corporate-level strategy that involves reducing the size, scope, or diversity of a company’s operations. Retrenchment aims to improve the company’s financial performance by …

Apr 6, 2022 · Redundancy and retrenchment are two terms that are sometimes confused by employers and employees. Redundancy occurs when a specific role is no longer required …

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.

Oct 10, 2017 · In simple words, if an employer discharges or removes any workman or staff member on the ground of surplus labor or staff, but not as a disciplinary action it is called …

Understand what retrenchment means in HR, its causes, and how to manage layoffs responsibly while supporting affected employees and maintaining workplace trust.

Define retrenchment. retrenchment synonyms, retrenchment pronunciation, retrenchment translation, English dictionary definition of retrenchment. n. 1. A cutting down or back; …

Retrenchment definition: A cutting down or back; reduction.

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 …