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 ?
A robust metering system will allow you to track the real-time energy consumption of your buildings, which is a necessity when curtailing load.
The GFI promotes national and multilateral policies, safeguards, and agreements aimed at curtailing the cross-border flow of illegal money.
Now that medical science is prolonging the lives of the elderly, and curtailing the infant mortality rate, more healthcare facilities to care for the special needs of both age groups will need to be constructed.
5 million in severance costs in connection with its curtailing production of the Willow Creek operations.