Curtailment

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Curtailment

The act or process of reducing a company's operations in order to bring stability to the company. Curtailment usually occurs when the company has been experiencing unsustainable growth that it is unable to manage effectively. Tactics of curtailment include spinning off subsidiaries, laying off staff, and generally focusing the company's operations on the best products that it is able to create effectively. Curtailment is intended to improve efficiency and increase profits.
References in periodicals archive ?
Some services may also need to be streamlined or curtailed in order to generate the appropriate resources to repay the loans and ensure a balanced financial position.
No one since immediate post Second World War planners with their green belts round cities (which have, on the whole, worked well when they have been maintained), has suggested that suburbs ought to be curtailed.
The Nishan CEO said it well: "Until now, widespread SAN adoption has been curtailed by proprietary implementations.
However, the TRA '97 significantly curtailed the usefulness of this deferral technique; this article discusses these changes and offers planning options.
Convenience stores which have entered the news fray and met their MEL (Minimum Entry Level) over a six month period, will now be selling papers on a sale-or-return basis and, with much of their distribution path curtailed, the publishers will be keen to push papers your way.
By March 1 of this year, wound dressings now covered under Medicare Part B will be severely restricted for some patients and curtailed completely for chronic wound sufferers, who comprise approximately 80% of all wound patients.
Free speech and assembly rights were severely curtailed during the period between the Battle of Homestead, when workers' rights were curtailed, and the successful organization of the Homestead mill by the Steel Workers Organizing Committee (SWOC) in 1937, when these rights were restored.
He further said that internationally exploration activities had been curtailed due to decrease in the prices of petroleum products but in Pakistan exploration activities had not been curtailed.
She added that neither grants allocated for development projects would be spent under non-development heads nor non-development funds would be curtailed.
Production at the smelter had been curtailed since May 2014.
The apex bank curtailed the supply of dollars to banks to curb the appeal of the nation's assets.