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What is another word for cutbacks?

Pronunciation: [kˈʌtbaks] (IPA)

Cutbacks are a reality of many businesses' financial health. When companies experience a financial shortfall, they often need to resort to cutting expenses, which means reducing their employees, funds, or services. Other synonyms for cutbacks include reductions, down-sizing, or austerity measures. Downsizing is another word used to describe the process of reducing an organization's workforce. The term austerity refers to the implementation of strict financial policies and the cutback of non-essential expenditures. Other words for cutbacks are constriction, curtailment, belt-tightening, and cost-cutting. Although cutbacks may be necessary at various times, they often have a negative impact on the company's overall well-being.
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What are the hypernyms for Cutbacks?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    reductions, austerity measures, cost cuts, fiscal retrenchment, slashed budgets.

Famous quotes with Cutbacks

  • We know that appropriators will fight these cutbacks. But by eliminating earmarks, we can stop the horse trading that grows agency budgets.
    Eric Cantor
  • At the moment, in Britain we're facing such enormous cutbacks in education programs and music programs and art programs that you feel you are knocking your head against a brick wall.
    Peter Maxwell Davies
  • Johnson (Gary) offers a principled voice for the libertarian philosophy, which has much to contribute to American political discourse whether we agree with every libertarian proposal or not. While I do not agree with the huge cutbacks in defense proposed by Johnson, I strongly agreed with his opposition to the Iraq War under President George W. Bush. While I would not agree with the full scope of his advocacy for the legalization of drugs, I agree with his support for the legalization of pot, his long-held view that the drug war has always been a fiasco and that drug use should be treated as a medical issue, not a criminal one.
    Brent Budowsky

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