cost-cutting
noun [ U ] uk/ˈkɒstˌkʌt.ɪŋ/ us/ˈkɑːstˌkʌt̬.ɪŋ/
削减成本;减少费用
actions taken to reduce the amount that is spent on a service or within an organization
The recovery was achieved in the old-fashioned way, with cost-cutting and price increases. 用削减成本和提高价格的传统方法实现了经济复苏。
a cost-cutting exercise 削减成本的实践
cost-cutting measures 降低成本的措施