noun
cutback
Refers to a reduction or decrease, often in budgets, spending, or production. Used in business and economic contexts.
政府は予算のカットバックを発表した。
The government announced a cutback in the budget.
会社はコストのカットバックを進めている。
The company is proceeding with cost cutbacks.
削減 is a more general and common Japanese term for reduction or curtailment, while カットバック specifically implies a cutback often from a previous level, with a nuance of scaling down.
Loanword from English 'cutback'.