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to cut costs
01
to reduce expenses or spending
Example
Faced with financial difficulties, the company decided to double down and cut costs wherever possible.
Despite efforts to cut costs, the small business remained in the red, and the owners were worried about its survival.
The business executive ruthlessly cut costs, laying off employees without considering the human impact.
The company cut costs, and as a consequence, employee morale suffered.
Faced with financial challenges, the organization had to take drastic measures to cut costs and stay afloat.
