restructuring
a major change in the way a company, system, or arrangement is organized
The process of changing the structure, organization, or arrangement of something, especially a company, institution, system, or financial arrangement, usually to make it work better or reduce costs.
connected with a major change in how a company or system is organized
Involving, caused by, or connected with a restructuring.
- Base: restructuring
- Plural: restructuring, restructurings
cognitive restructuring
1changing unhelpful thought patterns
a therapy method that helps people change harmful or unrealistic thoughts
- The therapist used cognitive restructuring to help him challenge his fear of failure.
- Cognitive restructuring is often taught as part of cognitive behavioral therapy.
- Cognitive restructuring can help a person think in a healthier way.
corporate restructuring
1major changes to a company
big changes in how a company is organized or financed
- Corporate restructuring after the acquisition led to the closure of several regional offices.
- The CEO said corporate restructuring was necessary to compete with larger rivals.
- Corporate restructuring changed many jobs at the company.
debt restructuring
1changing debt repayment terms
a change to the way a person, company, or country must pay back debt
- The airline reached a debt restructuring deal with its lenders.
- Investors accepted debt restructuring rather than force the company into bankruptcy.
- The company needs debt restructuring because it cannot pay on time.
financial restructuring
1changing financial arrangements
big changes in a company's debts, ownership, or money arrangements
- The retailer hired advisers for financial restructuring after sales collapsed.
- Financial restructuring gave the company enough cash to keep operating.
- The company started financial restructuring to solve its money problems.
organizational restructuring
1changing internal organization
changes in how an organization is arranged and managed
- Organizational restructuring reduced the number of management layers.
- The school district announced organizational restructuring to improve communication between campuses.
- Organizational restructuring changed who reported to the manager.
restructuring charge
1accounting cost for restructuring
an accounting cost a company records because it is reorganizing
- The manufacturer took a restructuring charge after closing two factories.
- Analysts excluded the restructuring charge when comparing profits with last year.
- The restructuring charge lowered the company's profit.
restructuring costs
1costs of organizational change
money a company spends because it is changing its structure
- The company expects restructuring costs of about $25 million this year.
- Higher restructuring costs reduced the firm's quarterly profit.
- The restructuring costs were higher than expected.
restructuring plan
1plan for structural changes
a plan for making major changes to a company, system, or debt arrangement
- The board approved a restructuring plan that will combine three departments.
- Creditors will vote on the restructuring plan next month.
- The manager explained the restructuring plan to the team.