restructuring
definitions
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noun
the process of reorganizing a company or institution to improve efficiencyen: the process of reorganizing a company or institution to improve efficiency
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verb
to reorganize a company or institution to improve efficiencyen: to reorganize a company or institution to improve efficiency
examples
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The company announced a major restructuring.
The company announced a major restructuring.
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They are restructuring the department.
They are restructuring the department.