Workplace & Business Idioms: Tighten the Belt and Belt-Tightening

Workplace idioms for business English learners: Tighten the Belt and Belt-Tightening
What do "tighten the belt" and "belt-tightening" mean in business? Watch the video then comment below if your business has ever had to tighten its belt.
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• Workplace & Business I...

[@EverydayEnglishUSA]

In today's video the idiom "tighten the belt" was explained. Have you ever had to "tighten your belt" or work for a company that had to do some "belt-tightening" and cut costs to stay in business? This happened to many companies because of the Covid pandemic.