Finance & Corporate Jargon · Vice President level

"Tighten our belts"

"Tighten our belts" means to reduce spending or operate more frugally, usually in response to financial pressure or economic uncertainty.

Say this instead: cut costs

How "Tighten our belts" shows up at work

The phrase that shows up in all-hands presentations right before the slide about headcount. It sounds communal and we're-all-in-this-together, though the belt-tightening is rarely distributed evenly across salary bands.

Buzzword

Given the market conditions, we're going to need to tighten our belts in Q3.

Plain English

Given the market conditions, we need to cut costs in Q3.

Corporate Rank: Vice President  ·  Category: Finance & Corporate Jargon

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