hatchet job
saving
drawdown
retrenchment
cost-saving
cutback
budget cut
downscaling
tighten the purse strings
cut
cut back
slash
scaleback
falloff
attrition
rundown
cost cutting
reduction
diminution
decrease
step-down
skinny
scaledown
shorten
benficiate
cost saving
dock
belt-tightening
austerity
depletion
spending cut
reducing
cheap out
underoptimization
descope
reductional
deprivatization
decruitment
filter down
decoct
neuter
constrain
pull the reins in on something
draw in
abatement
reducent
diminishment
pay cut
reducer
salary cut
reduct
decretion
inexpediency
depressing
minimization
lighten
axe
cadence
cost
overinfluence
downbear
aftercost
scale down
bring down
deflexibilization
take down
debureaucratize
nothing-buttery
scale back
decreasement
reductionistically
economy
white-anting
decline
declension
reductionist
impoverished
let down
lavishness
bate
high life
remuneration
highlife
dwindle
discretionary spending
extravagance
lessen
prodigality
indirection
depreciate
indemnification

English words for 'An action or a program which imposes deep reductions in expenditure.'

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