retrenchment
noun /rɪˈtrentʃmənt/
/rɪˈtrentʃmənt/
(formal)- [uncountable] the policy of spending less money; a deliberate reduction of costs
裁员： 少花钱的政策；故意降低成本- a period of retrenchment
开支紧缩时期
- a period of retrenchment
- [uncountable, countable] (Australian English, New Zealand English, South African English) the situation when somebody has to leave their job because there is no more work available for them
（因劳动力过剩而造成的）裁员，解雇 - The retrenchments are with effect from 1 August this year.
裁员将于今年8月1日生效。
- The retrenchments are with effect from 1 August this year.