What is another word for cutbacks?

Need synonyms for cutbacks? Here's a list of similar words from our thesaurus that you can use instead.

The reduction of costs, especially in a business
Plural for a reduction of some sort in an existing program
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“Consumers could start to save more of their income in an effort to make up for stock losses, causing a cutback in spending.”
Plural for the act of abating, or the state of being abated
Plural for the character or property of being thrifty or frugal
Plural for the act of (usually temporarily) terminating someone's employment
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