Refers to making major changes to a company’s or organization's structure or operations. After the merger, a restructuring of the departments was inevitable.
Pro Tip 2/3
Not Always Positive
While it aims for improvement, restructuring can also mean downsizing or layoffs. Due to the restructuring, several positions were made redundant.
Pro Tip 3/3
Change Implementation
Involves implementing new methods or plans to achieve better results. The restructuring introduced new workflows to increase productivity.