cost-cutting
/ˈkɒstˌkʌtɪŋ/ noun [U]Definition
› the process of reducing how much a company or organization spends: Restructuring and cost-cutting has led to an increase in annual earnings for the industry.
cost-cutting adjective [before noun] › cost-cutting measures/plans/programmes cost cut noun [C] › Council cost cuts will mean job losses in the area.(Definition of cost-cutting noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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