Advertisement
Advertisement
reorganization
[ree-awr-guh-nuh-zey-shuhn]
noun
the act or process of reorganizing; state of being reorganized.
Finance.a reconstruction of a business corporation, including a marked change in capital structure, often following a failure and receivership or bankruptcy trusteeship.
reorganization
/ ˌːɔːɡəԲɪˈɪʃə /
noun
the act of organizing or the state of being organized again
51Թ History and Origins
Origin of reorganization1
Example Sentences
In 2023, the company laid off nearly 700 employees and said that it was trying to improve agility and accountability as part of a reorganization effort.
But its privacy policy also included language which allowed for personal information to be accessed, sold, or transferred if it was "involved in a bankruptcy, merger, acquisition, reorganization, or sale of assets".
Microsoft cited a reorganization and restructuring within the company as the reason for the job cuts.
A reorganization will allow for the government to implement layoffs with greater discretion.
Parks said he laid out his reorganization plan within weeks of being appointed chief in 1997, but he didn’t fault McDonnell for treading carefully.
Advertisement
Related 51Թs
- www.thesaurus.com
Advertisement
Advertisement
Advertisement
Browse