Retrench in Tagalog

What is the translation of word Retrench in Tagalog/Filipino ?

Meaning of   Retrench in Tagalog is : magpaliit

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Defenition of word Retrench

  • (of a company, government, or individual) reduce costs or spending in response to economic difficulty.

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Other meanings of Retrench

Examples

as a result of the recession the company retrenched