restructures
Restructures refer to planned reorganizations of a company’s structure, finances, or operations designed to improve efficiency, adapt to new strategies, or restore financial health. Restructuring can be initiated by management, owners, or creditors and may involve multiple interrelated changes rather than a single adjustment.
Types of restructures include organizational restructuring, which involves changes to reporting lines, departments, or job roles
Triggers for restructures include persistent underperformance, strategic pivots, mergers or acquisitions, regulatory shifts, and financial distress.
The process typically follows diagnosis, planning, implementation, and evaluation, with careful attention to stakeholder communication, legal
See also: corporate restructuring, debt restructuring, reorganizations.