student asking question

What does "costing the company" mean?

teacher

Native speaker’s answer

Rebecca

"Costing the company" means to make a business lose money, assets, shareholders, or customers. In this video, high-paying CEOs can make a business lose money due to his or her extremely high salary. Ex: His decisions have cost the company millions of dollars. Ex: The lawsuit cost the company thousands of dollars in revenue and the loss of loyal customers. Ex: Your stupid decision will cost the company loss in our shareholders.

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