Restructuring
(noun)
- The process of rearranging or reorganizing the basic structure or composition of something, especially a company or an industry.
- The process of giving a new form or structure to something.
Origin:
From the verb restructure, from re- + structure, from latin structura meaning structure.
Examples:
- The company underwent restructuring to improve its financial performance.
- The government plans to restructure the healthcare system.
- The restructuring of the company resulted in job cuts.
- The school underwent restructuring to improve the education system.
- The restructuring process will take several months to complete.