to reduce (esp costs or expenses)
to make reductions; to economize
to reduce (something, esp costs or expenses)
formal to cut (something) out
They had to retrench the offending paragraphs
Aus to make (a worker) redundant
to make reductions, esp in expenses; to economize
retrenchment noun
[obsolete French retrencher from early French retrenchier to cut back, from re- + trenchier: see trench1]