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Discover Ludwig"slashed costs" is correct and usable in written English.
You can use it when you need to describe dramatically reducing the cost of something. For example, "The company slashed costs by reducing staff salaries and cutting back on office supplies."
Exact(59)
He slashed costs and jobs.
Mr. Nugent has sold assets and slashed costs.
The company slashed costs and cut jobs throughout 2008.
It has slashed costs, partly by paring back its bricks-and-mortar network.
GM is making money but Chrysler, although it has closed factories and slashed costs, is struggling.
They have slashed costs, shed employees and pared high-cost investments made when prices were rising.
Both firms are among Europe's best, he notes, and have already slashed costs and significantly restructured their businesses.
And, in fact, Mr. Galli has slashed costs, freeing needed cash to pump back into marketing and product development.
The crisis saw major investment banks swallowed up and those that remained slashed costs and thousands of jobs.
She has slashed costs and promotions to rebuild profitability, and the outlets in airports and stations are performing quite well.
But even as his customer base stagnated, he refined his products, nudged up his prices and slashed costs.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com