Restructure

Pronunciation: /riːˈstrʌktʃər/

Restructure (verb)

  1. to change the way something is organized or arranged, especially a company or system.
  2. to change the financial structure of a company, often to improve its financial health.

Examples

  • The company plans to restructure its departments for better efficiency.
  • They decided to restructure the team to improve collaboration.

Common collocations: restructure the company, restructure the department, restructure the team, restructure the debt, restructure financial obligations