adjectiveintended to reduce costs ExampleWe have taken out the second telephone line as a cost-cutting exercise.nounthe process of reducing costs ExampleAs a result of cost-cutting, we have had to make three staff redundant.
Related information about cost-cutting:
- Cost Cutting Definition | Investopedia
Measures implemented by a company to reduce its expenses and improve profitability. Cost cutting measures may include laying off employees, reducing ...
- Cost Cutting Tips
Cost Cutting Tips. Most of us spend more than we need to for a lot of things. If you really can afford luxuries such as gourmet teas or designer clothing and still ...
- Capabilities-Driven Strategy | Cost Cutting| Booz & Company
For most companies, cost cutting in a down economy means across-the-board slashing that "spreads the pain" of budget reductions across many departments.
- Spend management - Wikipedia, the free encyclopedia
Because cost cutting affects a company's bottom line directly, certain types of cost cutting can be the quickest way companies can increase their market value.
- El Al Airlines' profit soars on cost-cutting measures | Reuters
2 days ago ... TEL AVIV (Reuters) - El Al Israel Airlines posted a 79 percent rise in third-quarter net profit, boosted by a drop in operating costs as the ...
- Managing IT in a downturn: Beyond cost cutting - McKinsey Quarterly
Consider the possibility that targeted ones might generate savings and revenues exceeding what you could save through cost cutting. A McKinsey Quarterly ...
- Survival Strategies: After Cost Cutting, Companies Turn Toward ...
pricers and how companies are now turning form cost cutting to pricing to boost their bottom line! The article cites the recent PPS Pricer survey (printed on page ...
- What Is Cost Cutting?
Cost cutting is measures used by a company or government to reduce the costs and increase efficiency. The best cost cutting...