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Definition of «restructuring»

The term "restructuring" refers to a process or action of reorganizing, reshaping or changing the structure or organization of something. This can be applied in various contexts such as business, finance, politics and even personal life. In general, restructuring is an attempt to improve efficiency, effectiveness, productivity or reduce costs by making changes to how things are organized or operated. It could involve merging companies, downsizing, rightsizing, outsourcing, relocating operations, changing management structures, and other measures aimed at improving the overall health of a business or organization.

Usage examples

  1. The company is considering restructuring its departments to improve efficiency and communication.
  2. After the merger, the executive team decided to undertake a company-wide restructuring to align the organizations and eliminate redundancies.
  3. As part of the restructuring plan, several employees were offered early retirement packages.
  4. The CEO announced a restructuring of the marketing department to focus more on digital marketing strategies.
  5. During economic downturns, many businesses opt for restructuring their operations to cut costs and remain competitive.
  6. The government is exploring the possibilities of restructuring the taxation system to promote economic growth.
  7. As a result of the restructuring, the company's manufacturing facilities were consolidated into one central location.
  8. The restructuring of the organization's hierarchy led to a more streamlined decision-making process.
  9. The bank experienced financial difficulties and had to implement a restructuring plan to avoid bankruptcy.
  10. The university is undergoing a major restructuring to better support interdisciplinary research and collaboration.

Phrases with «restructuring»

Sentences with «restructuring»

  • One may not consciously advocate violence, but disruption and disorder surround any process of restructuring of society. (religion-online.org)
  • In 2013, the company took $ 19 billion in restructuring charges and $ 90 billion in write down expenses to lower its net income to a loss of - $ 34 million. (newconstructs.com)
  • In addition, schools are in corrective action for only a year before they must begin planning for restructuring. (educationnext.org)
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See also

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