sitch1
/sɪtʃ/slang (originally US )
noun
Situation; state of affairs.
Origin
1980s; earliest use found in The Los Angeles Times. Shortened from situation.
sitch2
/sɪtʃ/noun informal, chiefly US
A situation or state of affairs: I've been in this sitch loads of times you have more control over this sticky sitch than you realize
Origin
1950s: representing a pronunciation of an abbreviated form of situation.