cost cutting

noun

: reduction in spending
The company needs to do some cost cutting.

Examples of cost cutting in a Sentence

Recent Examples on the Web While the overall design of the Honda cabin is typical of the brand, there are definitely signs of cost cutting here. Sam Abuelsamid, Forbes, 22 Feb. 2024 Train companies, themselves in a downward spiral of cost cutting and reduced personnel, aren’t doing a very good job of securing their freight. Bradley Brownell / Jalopnik, Quartz, 23 Mar. 2024 The defense contractor, which generates $20 billion in revenue annually, is in the process of an additional $1 billion, three-year cost cutting project. John Kell, Fortune, 20 Mar. 2024 Some Boeing critics say those CEOs’ emphasis on the GE playbook of cost cutting, profitability and shareholders rewards rather than quality was the source of much of Boeing’s current problems. Chris Isidore, CNN, 27 Mar. 2024 Its demise comes as digital media companies have struggled to survive amid broader cost cutting. Ryan Faughnder, Los Angeles Times, 11 Mar. 2024 On the other hand, Salesforce has bulked up its profit margins in recent years thanks in large part to significant cost cutting in headcount and real estate. Kylie Robison, Fortune, 29 Feb. 2024 But under Shaw, the railroad backed away from that model’s short-term cost cutting to keep additional staff on hand during downturns to respond better when the economy rebounds. Josh Funk, Quartz, 26 Feb. 2024 Knowing how to create a low-cost marketing strategy is beneficial when cost cutting is necessary. Expert Panel®, Forbes, 1 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'cost cutting.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Cost cutting.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost%20cutting. Accessed 25 Apr. 2024.

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