0 the act of organizing a company, business, or system in a new way to make it operate more effectively:
1 the act of organizing a company, business, or system in a new way to make it operate more effectively:
corporate/industrial/organizational restructuring
2 the act of arranging to make debt payments in a different way or at a later time than was originally agreed:
They wrote suggesting radical restructuring of the group.
The closing of the factory is part of a corporate restructuring.
