production cutback

Examples (10)

• The company announced a major production cutback due to falling demand.
• A sharp production cutback led to hundreds of layoffs at the factory.
• To survive the economic downturn, the car manufacturer is planning a significant production cutback.
• The industry is facing a series of production cutbacks as a result of the global chip shortage.
• The government's new environmental policies forced a production cutback in the steel industry.
• Is the production cutback a temporary measure or a long-term strategy?
• If sales don't improve, we will have to implement a drastic production cutback.
• A severe production cutback was imposed by the management to reduce costs.
• Despite the production cutback, the company managed to maintain its profit margins.
• The oil cartel agreed on a coordinated production cutback to stabilize prices.