单词	cost-cutting
释义	cost-cutting /ˈkɒstkʌtɪŋ / noun [mass noun] The reduction of costs, especially in a business: the company would take a hard look at a new round of cost-cutting [as modifier]: the most extensive cost-cutting exercise in Canadian history... The danger is not so much the hit to consumers but a new round of corporate caution and cost-cutting. It has no plans to suspend the granting of stock options as part of its cost-cutting programme. Quality and service should not suffer in any way due to this cost-cutting exercise. Derivatives cost-cutter noun ... Over time, of course, diligent cost-cutters can make city services cheaper to deliver. E-mail holds great promise, both as a cost-cutter and a revenue-generator, but it's just one part of an increasingly complex company-customer relationship. In 1992, he became chief operating officer and metamorphosed into a tough cost-cutter.
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