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English definition of “reorganize”

reorganize

verb [I or T] (UK also reorganise)     /ˌriːˈɔːɡənaɪz/
HR, MANAGEMENT, FINANCE to change the way in which something such as a company is organized, in order to improve it: He hired turnaround specialists to help reorganize the company. They announced that they would cut 10% of their staff, close plants, and reorganize the business. Continental survived after a new team of managers reorganized its finances.
(Definition of reorganize verb from the Cambridge Business English Dictionary © Cambridge University Press)
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