slash: (v)

1.
Oxford Learners
slash something
to make a long cut with a sharp object, especially in a violent way
synonym slit
Someone had slashed the tyres on my car.
She tried to kill herself by slashing her wrists.
We had to slash our way through the undergrowth with sticks.

2.
Oxford Learners

[often passive] slash something (informal) (often used in newspapers)
to reduce something by a large amount

to slash costs/prices/fares, etc.
The workforce has been slashed by half.

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