restructuring
changing how something is organized
a major change in the way a company, system, or arrangement is organized
[a/the] restructuring of [something]; [something] undergoes restructuring; [someone] announces restructuring
- After the merger, the company began a restructuring of its sales teams.
- Several jobs were lost during the restructuring.
- The hospital's restructuring should reduce waiting times for patients.
- The company is planning a restructuring.
- Restructuring can change people's jobs.
related to organizational change
connected with a major change in how a company or system is organized
restructuring [costs/charge/plan/team/adviser]
- The bank reported a large restructuring charge in the fourth quarter.
- Management hired a restructuring adviser to review the business.
- The restructuring plan includes closing two offices.
- The restructuring costs were high.
- She worked on the restructuring team.
- 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.
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.
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.
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.
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.
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.
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.
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.