retrenchment
C1CEFR level
75/100Rarity: rare
TechnicalRegister
Law noun
The reduction of a workforce to cut costs, especially through dismissals.
The wave of retrenchment across the sector triggered mass collective consultation obligations.
Business noun
A reduction in costs or scale, typically involving staff cuts, to restore financial stability.
A period of retrenchment saw the firm shed two divisions and a fifth of its workforce.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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