reorganization
changing how an organization is structured
The process of changing how a company or group is organized, so it works in a new way.
reorganization of [a company/department/organization]
- After the merger, the company announced a complete reorganization of its sales division.
- The new CEO is planning a major reorganization to cut costs and simplify management layers.
- Union leaders are worried that the reorganization will lead to job losses.
- The hospital’s recent reorganization has improved communication between departments.
- Government reorganization is expected to bring several agencies under one ministry.
- Our office is going through a big reorganization this year.
- Because of the reorganization, I now have a new manager.
- The reorganization will change how the teams work together.
- The company reorganization should make our work faster and easier.
rearranging things or systems
The act of putting things, plans, or ideas into a new order or structure.
reorganization of [things/schedule/system]
- The reorganization of the school timetable means classes will start earlier.
- A complete reorganization of the kitchen made it much easier to cook.
- The project will require a reorganization of our current filing system.
- After the software update, there was a noticeable reorganization of the menus.
- The therapist suggested a reorganization of his daily routine to reduce stress.
- I need a reorganization of my desk because it is very messy.
- The reorganization of the schedule gives us more free time in the afternoon.
- We did a reorganization of the bedroom furniture last weekend.
- A small reorganization of your day can help you study better.
legal restructuring under bankruptcy law
A legal process where a company or person changes how it pays its debts, usually with a plan approved by a court, so it does not have to close completely.
reorganization under [law/chapter]; reorganization plan for [company]
- The airline entered Chapter 11 reorganization after months of financial losses.
- Under the reorganization plan, most of the company’s debt will be converted into shares.
- The court rejected the proposed reorganization because it was unfair to small creditors.
- Many large firms use reorganization to renegotiate contracts and avoid liquidation.
- The law firm specializes in corporate bankruptcy and reorganization.
- The company chose reorganization instead of closing the business.
- In a reorganization, the court helps the company make a new plan to pay its debts.
- The judge must approve the reorganization plan before it starts.
- Reorganization can give a company time to solve money problems.
- Base: reorganization
- Plural: reorganization, reorganizations
Chapter 11 reorganization
1US bankruptcy reorganization process
In the United States, a legal process under Chapter 11 of the Bankruptcy Code where a company makes a new plan to pay its debts and keep operating.
- The retailer filed for Chapter 11 reorganization after years of declining sales.
- During Chapter 11 reorganization, the company can keep running while it negotiates with creditors.
- Many airlines have gone through Chapter 11 reorganization and later returned to profit.
corporate reorganization
1changing how a company is structured
A process where a company changes its structure, staff, or way of working, often to save money or work better.
- The corporate reorganization will combine the European and Asian divisions.
- Shareholders approved the corporate reorganization at last week’s meeting.
- He was hired to advise on the corporate reorganization following the merger.
government reorganization
1changing how government departments are arranged
Changes to how parts of a government are arranged, what they do, or who they report to.
- The prime minister announced a major government reorganization to cut bureaucracy.
- Government reorganization will merge several small agencies into one large department.
- The report recommends government reorganization to improve public services.
major reorganization
1large and important structural change
A very big change in how a company, group, or system is organized.
- The school is going through a major reorganization to deal with budget cuts.
- Rumors of a major reorganization have made many employees nervous.
- The board agreed that only a major reorganization could solve the company’s problems.
reorganization plan
1formal plan for restructuring
A written plan that explains how a company or person will change its structure and pay its debts during reorganization.
- Creditors voted to accept the reorganization plan proposed by the company.
- The court must approve the reorganization plan before it can take effect.
- The reorganization plan includes closing unprofitable stores and reducing staffing costs.
undergo reorganization
1experience a process of reorganization
To experience a process where the structure of a company, group, or system is changed.
- Several departments will undergo reorganization in the next few months.
- The museum has undergone reorganization to make better use of its space.
- Public services are expected to undergo reorganization after the policy review.