› to make something lower, smaller, shorter, etc.: cut sth (from sth) (to sth) We have cut our wage bill from £12,000 to £8,000 per week.cut sth (from sth) We need to cut 50% from our advertising budget.cut sth (by sth) The manufacturing group aims to cut its carbon emissions by 20% over the next five years. cut jobs/staff/the workforce Schmitz Chemicals plans to cut 20,000 jobs worldwide. cut borrowing/costs/spending cut output/production → See also price-cutting
› to remove something from a document, especially from a document on a computer screen: The report is too long – I need to cut 500 words. I'll cut and paste some photos from our online catalogue into my presentation.
cut a deal › to reach an agreement: The carmaker has cut a deal with unions to limit pay rises.
cut both/two ways › to work in two ways, or to have two opposite effects: Setting prices high cuts both ways – it could lose some customers, but it also suggests high-quality.
cut corners › to do something in a way that saves time or money, but that reduces quality: If a restaurant cuts corners on ingredients, it will lose customers.
cut it informal › to successfully do what you are asked to do: Some people work well under pressure; others can't cut it. For heavy office use, this printer just doesn't cut it.
cut it/things fine informal › to leave very little, or not enough, time to do something: It's two o'clock now, so you're cutting it fine if you need to be at the airport by three.
cut your losses › to avoid losing any more money than you have already lost: The manufacturer has decided to cut its losses and sell its unprofitable divisions.