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English definition of “restructure”

restructure

verb [T] uk   /ˌriːˈstrʌk.tʃər/ us    /-tʃɚ/
C2 to organize a company, business, or system in a new way to make it operate more effectively: The government restructured the coal industry before selling it to private owners.Managing and organizingMaking things betterBecoming better
restructuring
noun [C or U] uk   /-tʃər.ɪŋ/ us    /-tʃɚ.ɪŋ/
The company underwent restructuring and 1,500 workers lost their jobs.Managing and organizing
(Definition of restructure from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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