We have already heard that most IT and construction companies focus on their cost-cutting strategies. This is due to the global recession, which has affected the entire world economy, with a greater impact in some countries than others. I believe it has significantly impacted our economy and our business as well.
Cost-Cutting Strategy as a Ph.D. Topic
What I suggest is that a 'cost-cutting strategy' is one of the hottest topics for your Ph.D. program.