[cut] costs
1
to reduce expenses or spending
- The company decided to cut costs by reducing unnecessary overhead.
- In a tight financial situation, it's essential to find ways to cut costs.
- The startup is trying to cut costs by using more cost-effective materials.
- The manufacturing plant implemented a comprehensive plan for cutting costs, focusing on optimizing production processes and minimizing waste.
- The CEO emphasized the importance of cutting costs across all departments, encouraging employees to find creative solutions to reduce expenses without sacrificing efficiency.