What is another word for retrenchment?

Need synonyms for retrenchment? Here's a list of similar words from our thesaurus that you can use instead.

Noun
Often referring to a business or government agency cutting back operations or laying off workers
“The salient point here is that the retrenchment was plainly not forced by tight money or credit.”
Noun
A reduction of some sort in an existing program
Noun
The act of curtailing
Noun
The property of being thrifty
Noun
Lessening
Noun
The process of becoming smaller
Noun
A long and severe recession in an economy or market
Noun
The state of being deficient in something
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