紧缩 (jǐn suō): Shrink / reduce (Verb) — Meaning & Stroke Order

Faced with market fluctuations, the company had to adopt a tightening strategy to maintain operations.

To save money, the company decided to tighten its spending.

Despite the poor economic environment, we do not plan to reduce the funding for the R&D department.

The economic austerity policy led to a decrease in market investment.