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cost cutting

/ˈkɒst ˌkʌtɪŋ/

1 entry

phrase

/ˈkɒst ˌkʌtɪŋ/B2formalbusiness
  • ruПрактика сокращения расходов или устранения ненужных затрат, обычно в контексте бизнеса или организации для повышения финансовой эффективности.

The practice of reducing expenses or eliminating unnecessary costs, typically in a business or organizational context to improve financial efficiency.

  1. Reduction of expensesB2formal

    The process of reducing expenses or spending in order to improve profitability or efficiency.

    ruСокращение расходов

    • The company implemented cost-cutting measures to survive the recession.
    • Cost cutting often involves layoffs and budget reductions.
    • They are looking for ways to achieve cost cutting without sacrificing quality.