cost-cutting move
Frequency: 6.88.9 per million words
a strategic action or decision to reduce costs
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Examples (10)
- The company announced a major cost-cutting move, which involves closing several branches.
- The government's latest cost-cutting move to reduce public spending was met with protests.
- Layoffs are often one of the first cost-cutting moves considered by a struggling corporation.
- As a cost-cutting move, the university decided to merge two of its academic departments.
- Outsourcing customer service was a controversial cost-cutting move that angered many clients.
- This cost-cutting move is expected to save the company over a million dollars annually.
- Was switching to a cheaper supplier a wise cost-cutting move, or will it affect product quality?
- The board is evaluating several potential cost-cutting moves for the next fiscal year.
- Shifting to remote work was a surprisingly effective cost-cutting move for the tech startup.
- Critics argue that the hospital's cost-cutting move will compromise patient care.