Meaning of cost-cutting in English:


Pronunciation /ˈkɒstkʌtɪŋ/


mass noun
  • The reduction of costs, especially in a business.

    ‘the company would take a hard look at a new round of cost-cutting’
    • ‘the most extensive cost-cutting exercise in Canadian history’
    • ‘The danger is not so much the hit to consumers but a new round of corporate caution and cost-cutting.’
    • ‘It has no plans to suspend the granting of stock options as part of its cost-cutting programme.’
    • ‘Quality and service should not suffer in any way due to this cost-cutting exercise.’
    • ‘He has said the company will have to speed up its cost-cutting programme as a result of the second massive recall.’
    • ‘The finance ministry blames this estimated shortfall on a drop in taxes, but says its cost-cutting will work.’
    • ‘It has to make up the leeway elsewhere through its legendary cost-cutting programmes.’
    • ‘The carmaker said profits were given a boost because of ongoing cost-cutting in the company.’
    • ‘Sharp cost-cutting in the first quarter as well as a better product mix also helped.’
    • ‘Thus, the pain of cost-cutting is not hitting workers as hard as in past business cycles.’
    • ‘A cost-cutting exercise has resulted in two staff contracts not being renewed and a third is under review.’
    • ‘There may be more to come - management has not ruled out further cost-cutting.’
    • ‘That is because, thanks to aggressive cost-cutting, corporate earnings are climbing back up.’
    • ‘It does seem that in such cost-cutting exercises that the public are not considered, and are always the losers.’
    • ‘It is believed that dramatic cost-cutting measures will be necessary if plant closures are to be avoided.’
    • ‘The only surprise generated by last week's announcement of cost-cutting is that it had taken so long.’
    • ‘The company prompted controversy by offering employees unpaid leave as a way of cost-cutting.’
    • ‘The companies are direct beneficiaries of the trend to outsourcing by cost-cutting multinationals.’
    • ‘There is procurement cost-cutting taking place and production efficiencies are being tackled.’
    • ‘She admitted that cost-cutting was an ongoing part of the business.’
    • ‘The cost-cutting measures include reducing administration costs and cutting drug budgets.’