"Cost cutting" is a common phrase used to describe the process of reducing costs in a business or organization. This can refer to a variety of measures, such as reducing expenses, streampning processes, or finding more efficient ways of doing things.
The phrase "cost cutting" is derived from the verb "cut," which means to reduce or remove something. In this context, it refers to the reduction of costs or expenses.
Here are some example sentences using the phrase "cost cutting":
The company implemented a series of cost cutting measures in order to increase profits.
The CEO announced that the company would be undergoing a cost cutting initiative in order to remain competitive.
In an effort to reduce expenses, the department implemented a cost cutting program that included layoffs and the consopdation of certain functions.
中文翻译:
该公司采取了一系列缩减费用的措施以增加利润。
CEO宣布，为了保持竞争力，公司将进行缩减费用的倡议。
为了减少开支，该部门实施了一项缩减费用的计划，其中包括裁员和整合某些职能。