v.

tighten one's belt; use resources carefully

make a reduction, as in one's workforce

"The company had to retrench"

Retrenched men workers in Bangladesh: a crisis of masculinities?
Retrenched Men Workers in BangladeshA Crisis of Masculinities&quest
Retrenched and Returned: Filipino Migrant Workers during Times of Crisis
Negative Reciprocity and Retrenched Pension Rights
Labour market outcomes among retrenched workers in Australia: a review
New urban poverty in China: Disadvantaged retrenched workers
The 'Dutch Miracle': Employment Growth in a Retrenched but Still Generous Welfare System
Policy environments and job loss: Lived experience of retrenched Australian automotive workers
State and Laid-off Workers in Reform China: The Silence and Collective Action of the Retrenched by Yongshun Cai
State and Laid-off Workers in Reform China: The Silence and Collective Action of the Retrenched by Youngshun Cai