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 ?
If our police forces are being curtailed, bring these troops home to protect this already overpopulated country and let other nations govern their own countries.
Teacher Prabhau Prasad Yadav said the salaries were curtailed for welcoming Minister of State for Chaudhary and Minister for Education Ram Chandra Kusbaha who came to the district.
The curtailed production represents approximately 7% of Chesapeake's current gross operated production capacity.
The finance director's report said, "The finance directorate has been reviewing all existing commitments and needs to work with the other LHB directorates to ensure that all non-essential expenditure is curtailed.
Consequently, the scope of mother's pensions, pensions for the blind, and old-age pensions, that were introduced by the states, was severely curtailed despite the efforts of social reformers to extend these benefits on a universal rather than selective basis.
Ironically, for all the talk of liberty and freedom from these politicians, most of things proposed would curtail rights: They either want to make moral decisions for others and impose them on the public through law or cut off access to redress through the courts for people who believe their freedom has been curtailed. The whole thing was more than a tad hypocritical.
A sex offender probationer challenged Rhode Island's enforcement of a policy that curtailed the right of sex offender probationers to travel interstate.
The rectangle rises and then is abruptly curtailed as the canvas finishes.
* Cascades/Mechanicsville tissue production curtailed
In an effort to help the fish recover, Canada sharply curtailed annual catches in 1992, but that measure failed to stop the cod's decline.
To that extent, the ordinary pleasures of childhood will be curtailed.
ASTON Villa chairman Doug Ellis has hit back at suggestions that he has curtailed the spending plans of manager John Gregory.