Cutbacks [noun]

Indeed, city leaders recently asked city departments to outline cutbacks that could help close the city’s massive budget gap.

More than 60 local newsrooms shuttered over the course of 2020, while others have endured layoffs, furloughs and other cutbacks, according to journalism research organization Poynter.

He suspects that the company’s warning to employees could merely serve as a pretext for further cutbacks at Cumulus’s many stations.

Potential cutbacks will soon officially be on the table as the city stares down a projected $124 million deficit for the upcoming budget year.

This year, that may be even more the case if advertisers may have more than the usual amount of money carrying over from cutbacks in the spring and summer.

The cutbacks came in the same year that Facebook tweaked its algorithm to favor content from friends and family over news articles and promoted posts from advertisers.