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Cost cutting
01
riduzione dei costi, taglio dei costi
the practice of reducing expenses or overhead in order to increase profitability or save money
Example
The university implemented cost cutting measures by reducing non-essential services.
The government agency implemented budget cuts as part of its cost cutting strategy.
The office implemented energy-saving initiatives to achieve cost cutting in utility bills.
Esempio
The university implemented cost cutting measures by reducing non-essential services.
The government agency implemented budget cuts as part of its cost cutting strategy.
The office implemented energy-saving initiatives to achieve cost cutting in utility bills.
The manufacturing plant automated certain processes to achieve cost cutting in labor expenses.
The transportation company implemented fuel-efficient vehicles to achieve cost cutting in operational expenses.
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