Cost-cutting; the reduction of expenses or expenditures. A business term often used in corporate management and budgeting (verb form: コストカットする).
業績不振で今年は大幅なコストカットが必要だ。
Due to poor performance, significant cost-cutting is necessary this year.
会議では人件費の見直しなど、コストカット案がいくつか出た。
At the meeting, several cost-cutting proposals were raised, such as reviewing labor costs.
短期的なコストカットだけでなく、効率化も進めるべきだ。
We should pursue efficiency improvements as well as short-term cost cuts.