belt-tightening
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
But growing AI adoption, softening consumer and corporate spending, and belt-tightening driven by higher costs likely played a role as well.
From MarketWatch
“Some industries are correcting after the hiring boom of the pandemic, but this comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes,” Andy Challenger, chief revenue officer for Challenger, Gray and Christmas, said in a statement.
Belt-tightening is overused corporate jargon, but it is particularly apt at the moment.
Some 30,000 positions will be cut in a belt-tightening move expected to begin on Tuesday, multiple news outlets reported.
From Barron's
The company had already been undergoing scattered instances of belt-tightening.
From Los Angeles Times
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.