restructurings

Example:After the merger, the company engaged in extensive reorganizations to streamline its operations.

Definition:The act of restructuring an organization or business, often involving changes in management, the allocation of resources, or other internal operations.

Example:The transformation of the steel industry was brought about by restructurings that led to the consolidation of operations and the reduction of excess capacity.

Definition:A significant change in the way something operates; a fundamental change in the structure or nature of something, such as an organization or an industry.