Finance & Corporate Jargon · Managing Director level

"Drive efficiencies"

"Drive efficiencies" means to reduce costs or eliminate waste, typically by doing more with fewer resources or people.

Say this instead: cut costs

How "Drive efficiencies" shows up at work

The preferred phrase when a company is cutting headcount but wants the announcement to sound like a process improvement. Finance teams use it; everyone else hears it and updates their resume.

Buzzword

The board is asking us to drive efficiencies across all departments this quarter.

Plain English

The board is asking us to cut costs across all departments this quarter.

Corporate Rank: Managing Director · Category: Finance & Corporate Jargon

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