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Discover LudwigThe phrase "are slashed" is correct and usable in written English.
It can be used to describe a situation where something has been cut or reduced significantly, often in a dramatic or impactful way.
Example: "The prices of the products are slashed during the annual sale, attracting many customers."
Alternatives: "are cut" or "have been reduced".
Dictionary
are slashed
noun
A slashing action or motion, particularly.
Exact(60)
Books and cushions are slashed.
Hours are slashed.
Works here are slashed and burned, ripped and welded.
Even as budgets are slashed, arrivals are surging.
As state taxes are slashed, local taxes grow.
Prices are slashed and consumers start to spend.
Budgets are slashed, growth is down and unemployment is up.
Canes are slashed across throats, legs kicked to knock opponents off balance.
In contrast, when farm subsidies are slashed, world food prices rise.
With fewer tests and less monitoring, running costs are slashed, too.
As spring advances the tunnels are slashed to prevent excessive heat buildup.
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CEO of Professional Science Editing for Scientists @ prosciediting.com