Definition of "retrenching" [retrenching]

• Present participle of retrench. (verb)

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• "The auto industry is "retrenching" on ad spending, and "the outlook for retail, financial and telecommunications advertising is negative for the second half of the year," Westerfield says."
• "Trent predicted the department would need an extra R1 billion to honour its commitments or take drastic action such as retrenching"
• "F Bank is "retrenching" but not abandoning the market, company executives say."