51Թ

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reorganization

[ree-awr-guh-nuh-zey-shuhn]

noun

  1. the act or process of reorganizing; state of being reorganized.

  2. 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

  1. the act of organizing or the state of being organized again

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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51Թ History and Origins

Origin of reorganization1

First recorded in 1805–15; re- + organization
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Example Sentences

Examples have not been reviewed.

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.

From

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".

From

Microsoft cited a reorganization and restructuring within the company as the reason for the job cuts.

From

A reorganization will allow for the government to implement layoffs with greater discretion.

From

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.

From

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reordinationreorganize