retrenchment Definition

downsizing, curtailment, downturn, austerity, layoff, redundancy, contraction, decline, deflation, shrinkage, dismissal, reduction, tightening, retreat, cutting, crunch, savings, restraint, drawdown, withdrawal, shrinking, squeeze, cut, stringency, decrease, fallback, restriction, compressive, setback, discharge, contracture, suppression, compression, fold, hem, cost-cutting, lay-off, slowdown, recession, reorganization, consolidation, liquidation, nationalization, deceleration, insolvency, redeployment, stagnation, upturn, severance, deindustrialization, devaluation, disinvestment, privatization, golden handshake, termination, recapitalization, employment, realignment, underemployment, diminution, divestment, layoffs, cutbacks, restructuring, redundancies, unionisation, rationalization, retirade, wage freeze, reorientation, furloughs, pump priming, cuts, shakeout, excessing, disinflation, bankruptcies, unwinding, sector, pullback, snapback, cutback, turnaround, turnround, downspin, selloff, liberalization, reductions, reflation, pauperisation, trade unionism, moholi, shutdowns, deterioration, buyouts, correction, decontrol, pessimism, closure, transformation,