the.com/restructure
Layoffs wearing a blazer and a PowerPoint.
means To reorganize how something (usually a company or its debt) is arranged, often involving cutting jobs, costs, or divisions.
from Simply 're-' (again) plus 'structure,' from Latin 'structura,' meaning a building or arrangement, from 'struere,' to build. A plain, honest word that corporate language leans on precisely because it sounds like architecture and not demolition.
- actual meaning
- same org chart, fewer chairs
- timing tell
- usually announced right after earnings calls
- synonym
- corporate word for goodbye
- survivor effect
- remaining staff inherit three jobs, one salary