| 词汇 | retrenchment |
| 释义 | retrenchment noun[ C or U ] uk /rɪˈtrentʃ.mənt/ us /rɪˈtrentʃ.mənt/ a situation in which a government, etc. spends less or reduces costs: 削减费用;紧缩开支 In retrenchment, central government may seek to limit the total expenditure of all local governments for economic stabilization. Experts see a major retrenchment coming from consumers. Australian English or South African English a situation in which someone loses their job because their employer does not need them : 裁减工人 The downturn in business has resulted in many retrenchments.商业活动低迷，导致大量裁员。 Facing retrenchment can be a frightening experience. Synonym redundancy(NOT EMPLOYED)UK The worsening economic environment has seen a sharp retrenchment in electronics sales. Plans for such a significant fiscal retrenchment come at a vulnerable time for the world economy. Bank employees have suffered from mass retrenchments. One fifth of the sample had experienced unemployment through retrenchment in the manufacturing industries. Economics accommodative anti-economic anti-inflation anti-inflationary anti-recession buyer's market deindustrialization economic Great Recession gross domestic product HDI human development index Keynesian monetarism monetary recession reflate retrench squeeze the public purse You can also find related words, phrases, and synonyms in the topics: Firing staff retrenchment | Business Englishretrenchment noun[ C or U ] uk /rɪˈtrentʃmənt/us MANAGEMENT, FINANCE the act of spending less or reducing costs: The closures will be the first substantial retrenchment at the store for 10 years. The big retrenchment in aerospace manufacturing in the early 1990s eventually infected the entire state economy. Businesses are going for growth, after the retrenchment of recent years. HR, WORKPLACE Australian English the act of removing a worker from a job as a way of saving the cost of employing them: Some firms are using retrenchments as a cost reduction measure. This resulted in the retrenchment of 40,000 public servants. Examples of retrenchmentretrenchment There might be an employee possibly in his own borough, who had been displaced because of nationals retrenchments. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 I hope that whatever retrenchments are forced upon us in the future, these four establishments will be kept on. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 I said that we must exercise all the retrenchments that are possible—or words to that effect. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 We are prepared to make certain retrenchments in the social services. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 We ran into cuts in capital receipts spending, moratoria and retrenchments. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 I entirely agree with the retrenchments which are being made. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 We all know about the difficulties of the airlines and the retrenchments in that business. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The further evil might also follow, and education itself, which is of primary importance to the country, would be prejudiced by retrenchments in other directions detrimental to educational efficiency. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 Thus, retrenchment in some areas of the welfare state may be accompanied by expansion in others. Advocates of retrenchment must persuade affected officials to transcend their special interests for the good of common goals. Retrenchment has not been easy, of course, and has often been less than successful, but in all these cases the process was essentially endogenous. Path dependency made it difficult to achieve either retrenchment or structural change within the existing budget. As always in times of retrenchment, elected officials have needed to win the goodwill of voters and interest groups for these unpopular cutbacks. Moreover, while the welfare state is under pressure, it does not automatically follow that governments will seek to undertake retrenchment in all programme areas. Furthermore, in some programme areas the losers from retrenchment are diffuse and the gainers are focused. See all examples of retrenchment These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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