slash operating costs

USAGE SUMMARY

The phrase "slash operating costs" is correct and usable in written English.
It can be used in a business context when discussing strategies to reduce expenses or improve financial efficiency. Example: "The company implemented new technologies to slash operating costs and increase profitability."

✓ Grammatically correct

News & Media

Formal & Business

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

These mini-jets will slash operating costs.

The Economist

Its aim is to slash operating costs enough to make CDNow more alluring to a new partner.

The New York Times

Mount Vernon proved to be another model that was widely copied: buy an undervalued, underperforming company using its own assets as collateral for borrowed money; ruthlessly slash operating costs and improve profitability; then break it up and sell the pieces at a profit -- the forerunner of the leveraged buyout perfected by Henry Kravis.

The New York Times - Books

The Associated Press reported in December that, according to Amazon Senior VP of Worldwide Operations and Customer Service Dave Clark, Kiva robots will help to slash operating costs by 20percentt.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

The carrier slashed operating costs by 10.5 percent last year and eliminated around 5,000 jobs, roughly 13 percent of its work force.

The New York Times

By slashing operating costs and slowing capital spending, Mr. McMinn expects Covad to see profits by the end of next year.

The New York Times

U-Drive-It taxi dramatically slashes operating costs, but safety risks of rear-seat steering mean sky-high insurance that doubles average fare.

The New Yorker

In his three years at the head of Alitalia, Mr. Bisignani has slashed operating costs and has cut back from 2,000 management positions to 300.

The New York Times

Having eased the bank's huge burden of dud loans, slashed operating costs and cut exposure to financial risk, Mr Arpe reported healthy profits for his bank for the first half of this year.With the heavy restructuring work done, he is now seeking to increase revenue by getting more customers through the door.

The Economist

Oils well that ends well OVER THE LAST DECADE most oil companies have slashed operating costs.

Forbes

He ripped out the inefficient central heating, outsourced most of the maintenance and rewired the electrical system, slashing operating costs by 40%.

Forbes

Expert writing Tips

Best practice

When aiming to "slash operating costs", prioritize identifying the largest expenses first. Focus on areas that yield the most significant savings with the least impact on productivity.

Common error

Avoid cutting costs so drastically that it negatively impacts the quality of your product or service. A balanced approach ensures long-term sustainability.

Linguistic Context

The phrase "slash operating costs" functions as a verb phrase, where "slash" acts as a transitive verb taking "operating costs" as its direct object. It describes an action taken to reduce expenses. Ludwig AI confirms this usage, showing examples in different contexts.

Expression frequency: Common

Frequent in

News & Media

70%

Formal & Business

15%

Science

10%

Less common in

Wiki

5%

Academia

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "slash operating costs" is a grammatically correct and commonly used phrase to describe significantly reducing business expenses. As Ludwig AI indicates, it is appropriate across various contexts, particularly in news, business, and financial discussions. While alternatives like "cut operating costs" or "reduce operating expenses" exist, "slash operating costs" conveys a more decisive and impactful reduction. However, it's essential to avoid overzealous cost-cutting that could compromise quality or service. When aiming to implement this strategy, identifying and addressing the most significant expenses first is crucial for achieving the best results.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

cut operating costs

Replaces "slash" with "cut", maintaining the same meaning but using a different verb.

reduce operating expenses

Substitutes "costs" with "expenses" and "slash" with "reduce", offering a slightly more formal tone.

lower operating costs

Uses "lower" instead of "slash", keeping the meaning consistent but with a less aggressive connotation.

decrease operating costs

Replaces "slash" with "decrease", presenting a more gradual reduction.

minimize operating costs

Focuses on reducing costs to the smallest possible amount, implying a more comprehensive effort.

trim operating costs

Uses "trim" to suggest a more precise and targeted reduction in expenses.

curtail operating costs

Emphasizes limiting or restricting operating costs.

bring down operating costs

Offers a more informal alternative, suggesting a collaborative effort to reduce costs.

drive down operating costs

Suggests a strong, proactive effort to reduce costs.

economize on operating costs

Focuses on careful and efficient use of resources to reduce expenses.

FAQs

What does "slash operating costs" mean?

The phrase "slash operating costs" means to significantly reduce the expenses required to run a business or organization. This can be achieved through various methods such as streamlining processes, reducing staff, or renegotiating contracts.

What can I say instead of "slash operating costs"?

You can use alternatives like "cut operating costs", "reduce operating expenses", or "lower operating costs" depending on the context.

How can a company effectively "slash operating costs"?

A company can effectively "slash operating costs" by conducting a thorough analysis of its spending, identifying areas of inefficiency, and implementing strategies to reduce waste and improve productivity. This might include adopting new technologies, outsourcing non-core functions, or renegotiating supplier contracts.

What are the risks of trying to "slash operating costs" too aggressively?

Aggressively trying to "slash operating costs" can lead to negative consequences such as decreased product quality, reduced customer service, loss of skilled employees, and damage to the company's reputation. It's important to balance cost-cutting measures with maintaining the overall health and sustainability of the business.