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 ?
On the fiscal front, the government has to curtail the fiscal deficit.
The usual argument is that wasteful expenditure such as subsidies needs to be curtailed. Public sector enterprises (PSEs) come under attack.
Dominguez III said the Philippine government is 'deeply concerned' over the 'ultimate consequences' of this convergence that could curtail the Philippines's prospects for inclusive growth and choke the flow of investments necessary to sustain its current economic expansion.
The Russian central bank has taken measures to curtail a rally of the rouble, Bloomberg has reported.
IN A decision which is likely to increase tension between the Centre and the Aam Aadmi Party- led Delhi government, the state Assembly has moved a resolution against a Ministry of Home Affairs' notification that curtailed the powers of the state Anti- Corruption Bureau ( ACB).
"One example is automated demand response--a building receives requests from a power company or energy aggregator and curtails energy usage in return for payments," says Nasti.
"Any curtailed mail is attempted the next delivery day."