But if it's happening to a lot of them at once, you get the paradox of deleveraging: a downward spiral in which failure begets more failure and retrenchment begets more retrenchment.
The retrenchment at individual campuses will mean fewer student jobs, fewer teaching assistants, a virtual elimination of lecturers (who often teach up to 30% of undergraduate .
Last week the outgoing former Finance Minister, thrifty Junnosuke Inouye, famed for wise and adroit retrenchment, boiled over in helpless rage.
THE NLJ 350 Law firms grew by just 1.1 percent in 2012, a retrenchment from 2011. Most of the gains were among partners; associate results were flat.
June 8, 2013 - Law.com
Many school districts planning classroom cutbacks, report shows HARRISBURG - Three-fourths of Pennsylvania's school districts plan to scale back instructional programs in the 2013-14 school year, according to a survey released Wednesday that forecasts a third straight year of retrenchment.
June 6, 2013 - Reading Eagle
Three-fourths of Pa.'s districts plan program cuts in 2013-14 HARRISBURG (AP) — Three-fourths of Pennsylvania's school districts plan to scale back instructional programs in the 2013-14 school year, according to a survey released Wednesday that forecasts a third straight year of retrenchment.
June 6, 2013 - Pocono Record