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- The company is going through a (period of) retrenchment.公司正处在削减经费时期。
retrenchment
noun
re·trench·ment ri-ˈtrench-mənt 
: reduction, curtailment
specifically : a cutting of expenses
Example Sentences
Recent Examples on the Web There must be an equally profound understanding by the West of how steep the price would be for any retrenchment in the face of Russian bluster. 
David A. Andelman, CNN, 6 Sep. 2022 The last decade in American life was full of headlines that trumpeted feminism’s rising power, and, reliably, what greeted these headline moments was swift retrenchment. Molly Fischer, The New Yorker, 21 July 2022 Finally, sky high U.S. inflation figures announced on Friday launched a stark retrenchment in cryptocurrency over the weekend, with Bitcoin and Ether falling below key technical support levels. Christiaan Hetzner, Fortune, 13 June 2022 But Corden’s departure comes amid a retrenchment in late night. Brian Steinberg, Variety, 28 Apr. 2022 The diminution of trust in the American political system has come during a moment of vast retrenchment of local news outlets. New York Times, 13 July 2022 Now as restrictions have lifted, and coupled with rising costs and labor shortages, the industry is in a retrenchment of late, typified by several companies announcing lay-offs and market exits. Jonathan Keane, Forbes, 27 June 2022 Bitcoin has been in a prolonged slide since peaking above $68,000 in November 2021 — a retrenchment of more than 70 percent. Yiwen Lu, Washington Post, 20 June 2022 In fiscal policy, education and housing, the state is still trying to recover from the retrenchment of Reagan and his movement. Los Angeles Times, 18 May 2022 See More
David A. Andelman, CNN, 6 Sep. 2022 The last decade in American life was full of headlines that trumpeted feminism’s rising power, and, reliably, what greeted these headline moments was swift retrenchment. Molly Fischer, The New Yorker, 21 July 2022 Finally, sky high U.S. inflation figures announced on Friday launched a stark retrenchment in cryptocurrency over the weekend, with Bitcoin and Ether falling below key technical support levels. Christiaan Hetzner, Fortune, 13 June 2022 But Corden’s departure comes amid a retrenchment in late night. Brian Steinberg, Variety, 28 Apr. 2022 The diminution of trust in the American political system has come during a moment of vast retrenchment of local news outlets. New York Times, 13 July 2022 Now as restrictions have lifted, and coupled with rising costs and labor shortages, the industry is in a retrenchment of late, typified by several companies announcing lay-offs and market exits. Jonathan Keane, Forbes, 27 June 2022 Bitcoin has been in a prolonged slide since peaking above $68,000 in November 2021 — a retrenchment of more than 70 percent. Yiwen Lu, Washington Post, 20 June 2022 In fiscal policy, education and housing, the state is still trying to recover from the retrenchment of Reagan and his movement. Los Angeles Times, 18 May 2022 See More Word History
First Known Use
circa 1600, in the meaning defined above
Time Traveler
The first known use of retrenchment was circa 1600 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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