Definition
A complete teardown and rebuild of something that's broken beyond quick fixes—whether it's a system, process, or that company policy everyone hates. It's the corporate equivalent of demolition followed by reconstruction, usually announced after someone important finally admits the current situation is unsalvageable. More dramatic than an update, less permanent than you'd hope.
Example Usage
We're doing a complete overhaul of our HR system, which means six months of chaos followed by a system that's somehow worse.
Source: General business terminology
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See “overhaul” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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