1,520 workers were laid off as part of a restructuring.
restructure in British English
(riːˈstrʌktʃə)
verb
(transitive)
to organize (a system, business, society, etc) in a different way
radical attempts to restructure the economy
Derived forms
restructuring (reˈstructuring)
noun
restructure in American English
(riˈstrʌktʃər)
verb transitiveWord forms: reˈstructured or reˈstructuring
1.
to plan or provide a new structure or organization for
2.
to change the terms of (a loan, bond issue, etc.) to reduce the financial burden on the debtor
Examples of 'restructure' in a sentence
restructure
The restructuring business was set up as a turnaround unit that was supposed to return struggling companies to financial health.
Times, Sunday Times (2016)
Seek advice If you have debts, restructuring them could make them easier to manage.
Times, Sunday Times (2017)
There are two factors that make restructuring a success or failure.
Times, Sunday Times (2014)
We need to restructure the way people get paid.
Times, Sunday Times (2010)
The restructuring of the economy has resulted in changing patterns of employment.
Rowbotham, Sheila The Past is Before Us - feminism in action since the 1960s (1989)
But the main focus would be on restructuring the business.
Times, Sunday Times (2006)
This document recommended a radical restructuring of the way government business was carried out.
Coyle, Andrew & Stern, Vivien The Prisons We Deserve (1994)
Either you slow down your growth or you restructure the way you raise your money.
Times, Sunday Times (2014)
The note makes clear the restructuring will help end the practice of giving cavalry and infantry officers the top jobs.
Times, Sunday Times (2011)
Any deal to buy the chain is expected to form part of a radical restructuring of the business with its lenders.
Times, Sunday Times (2009)
The firms restructured in different ways.
Times, Sunday Times (2014)
In our attempts to radically reform the economy and restructure our administration we have accepted that these problems are of primary importance.
Aganbegyan, Abel Inside Perestroika: The Future of the Soviet Economy (1990)
This requires restructuring individual jobs, but also restructuring the organization and its design.
Peter F. Drucker MANAGEMENT: task, responsibilities, practices (1974)
This will also be a form of planning which is closely allied to a restructured economy and a new set of social priorities.
Brindley,Tim & Rydin, Yvonne & Stoker, Gerry Remaking Planning: the politics of urban change in the Thatcher years (1989)
Since taking over, he has been immersed in restructuring the business.
Times, Sunday Times (2013)
The eurozone's flagging economy needs radical restructuring.
Times, Sunday Times (2015)
Key to the revival was a recovery in China after a successful restructuring of the business there.
Times, Sunday Times (2012)
In the face of political instability Poland made steady progress restructuring her economy.
Grenville, J. A. S. The Collins History of the World in the 20th Century (1994)
By restructuring the business and then courting a buyer, he has grown it tenfold.
Times, Sunday Times (2007)
A weaker global economy and restructuring costs were blamed for the decline.
Times, Sunday Times (2012)
Four large projects for restructuring the way in which benefits were administered were introduced at the same time as job cuts were being pushed through.
Times, Sunday Times (2006)
It hopes that once it has restructured the business it can re-emerge as a supplier of ink for computer printers.
Times, Sunday Times (2012)
He restructured the payment system.
Tom Cannon Basic Marketing. Principles and Practice (1986)
Universities that survive and thrive will be those that accept the situation, and the smarter ones will be looking at ways to restructure.
Times, Sunday Times (2009)
A wide range of techniques are used to "join with "the family and "kick and stroke "the system into restructuring itself.
Langan, Mary (ed) Taking Child Abuse Seriously: Contemporary issues in child protection theory andpractice (1990)
In other languages
restructure
British English: restructure /riːˈstrʌktʃə/ VERB
To restructure an organization or system means to change the way it is organized, usually in order to make it work more effectively.
...his plans to restructure the country's local government.