This is the 17650th most frequent Russian word.
убытках
"Убытках" means "losses" or "damages" in English.
In this sentence, "убытках" refers to financial losses that the company is experiencing, functioning as a locative term within the phrase "в убытках."
Компания находится в убытках уже третий год.
The company has been in losses for the third year already.
Here, "убытков" represents the genitive case of the plural noun "убытки" to express the concept of losses to be minimized.
Менеджер обсуждал с коллегами способы минимизации убытков.
The manager was discussing ways to minimize losses with colleagues.
In this sentence, "убытки" is used in the nominative plural case, indicating substantial negative financial impacts as a subject in the sentence.