company-wide cut
/ˌkʌm.pə.ni.waɪd ˈkʌt/
Meaning
A reduction in budget, salaries, staff, or resources that affects every department or employee across the entire organization. It is used in corporate environments when cost-saving measures must be applied universally rather than targeted at a single team.
Examples
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Management announced a company-wide cut in travel expenses starting next quarter.
Management announced a company-wide cut in travel expenses starting next quarter.
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To avoid layoffs, we might have to agree to a company-wide cut in bonuses.
To avoid layoffs, we might have to agree to a company-wide cut in bonuses.
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The company-wide cut in IT spending has delayed our software upgrade.
The company-wide cut in IT spending has delayed our software upgrade.
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After the merger, there was a company-wide cut of ten percent across all departmental budgets.
After the merger, there was a company-wide cut of ten percent across all departmental budgets.
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Employees were relieved that the company-wide cut didn't affect their base salaries.
Employees were relieved that the company-wide cut didn't affect their base salaries.
Common Mistakes
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✗ The CEO decided a company-wide cutted budget.
✓ The CEO decided on a company-wide cut to the budget.
The word 'cut' is used as a noun here, not an adjective or past participle. 'Cutted' is not a valid English word.
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✗ We are facing a company-wide cutting of staff.
✓ We are facing company-wide cuts to staff.
While 'cutting' can be a gerund, the standard business noun for budget or resource reductions is 'cut' or plural 'cuts'.
Related Expressions
Practice
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Due to the economic downturn, the board approved a ___ in marketing and development budgets.
💡 A universal reduction affecting all areas of the organization.
Show answer
company-wide cut
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We need to prepare for a ___ that will affect everyone from HR to engineering.
💡 An organization-wide budget or resource reduction.
Show answer
company-wide cut