Meaning of the word restructure in English

What does restructure mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

restructure

US /ˌriːˈstrʌk.tʃɚ/
UK /ˌriːˈstrʌk.tʃɚ/

Verb

1.

to organize a company, business, or system in a new way to make it operate more effectively:

Example:
The government restructured the coal industry before selling it to private owners.

Noun

1.

the process of organizing a company, business, or system in a new way to make it operate more effectively:

Example:
The department is currently undergoing a restructure.
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