Quotes About Cutting Costs

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Quotes About Cutting Costs

As president of the International Brotherhood of Teamsters, I have seen private equity firms plunder company after company, taking rich fees for themselves and cutting costs until theres nothing left to cut. Time and again Ive seen their reckless behavior drive companies to declare bankruptcy.
— James P. Hoffa —

Competition is the keen cutting edge of business, always shaving away at costs.

— Henry Ford

Can we please agree that in the real world, corporations exist for one purpose and one purpose only - to make as much money as possible, which means cutting costs as much as possible?

— Robert Reich

There are companies that are cutting their costs by over 50% by offshoring.

— Sanjay Kumar

Frugality, quite simply, is about choosing the things you love enough to spend extravagantly on-and then cutting costs mercilessly on the things you don't love.

— Ramit Sethi

Real benefits come when managers begin to understand the profound difference between 'cost cutting' and 'eliminating the causes of costs'

— Brian L. Joiner

When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.

— Raghuram Rajan

Utilities used deregulation to effect a series of mergers limiting competition. In order to accelerate profits, cost cutting ensued, involving the layoff of thousands of utility company employees, including some who were responsible for maintenance of generation, transmission, and distribution systems. A number of investor-owned utilities stopped investing in the maintenance and repair of their own equipment, and, instead, cut costs to enhance the value of their stock rather than spending money to enhance the value of their service.

— Dennis Kucinich

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