reorganization

  

Definitions (3)

1.Restructuring of a firm's operations, in order to concentrate on core activities and outsource peripheral ones, often requiring reduction in workforce.
2.Combination of two or more organizational units resulting in a new entity in which the combined units remain essentially intact.
3.Readjustment of a firm's debt and capital structure after a bankruptcy or receivership order.

Use reorganization in a sentence

  • It is hoped, by the board of directors, that the reorganization of the company will keep the company from going bankrupt.

    Was this Helpful?   (25)   (0)
  • Sometimes you may need to undergo a full reorganization for your business if things have not been working out well.

    Was this Helpful?   (25)   (0)
  • The reorganization of the firm lead to a lot of new hires as well as a lot of old people being let go.

    Was this Helpful?   (25)   (0)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/reorganization.html

Mentioned in these terms

Have a question about reorganization? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z