
Restructuring
Organizational Change
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.
Not Always Positive
While it aims for improvement, restructuring can also mean downsizing or layoffs.
Due to the restructuring, several positions were made redundant.
Change Implementation
Involves implementing new methods or plans to achieve better results.
The restructuring introduced new workflows to increase productivity.