Focus on the pronunciation of reorganization
English definition of “reorganization”
reorganization (UK also reorganisation)
/riːˌɔrgənəˈzeɪʃən/ noun [C or U]
› HR, MANAGEMENT, WORKPLACE a change in the way that something such as a company is organized, in order to improve it: corporate reorganization broad/major/massive reorganization a radical/sweeping reorganizationannounce a reorganization The company may announce a reorganization of management before the end of this year.
› LAW, FINANCE, WORKPLACE in the US, a change in the way a company and its finances are organized after it has gone bankrupt: reorganization costs a plan of reorganization/reorganization plan The New York-based investment firm was a member of the company's creditors committee during its recent bankruptcy reorganization.