restructuring
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Mountain View-based Intuit, the maker of TurboTax, on Wednesday said it was laying off 17% of its workforce, or about 3,000 employees, as part of its restructuring to cut costs and invest in artificial intelligence.
From Los Angeles Times • May 22, 2026
Earlier Friday, Lenovo said its infrastructure-solutions business, which includes AI servers, delivered its highest-ever quarterly revenue and operating profit, citing a strengthened business model, the recent restructuring and robust AI demand.
From The Wall Street Journal • May 22, 2026
The restructuring will reduce overlapping roles in TurboTax and Credit Karma as the company integrates both into a single team.
From Los Angeles Times • May 22, 2026
The restructuring is the largest company-wide round of cuts since Zuckerberg's 2022-2023 "Year of Efficiency" campaign, which eliminated roughly 21,000 positions.
From Barron's • May 20, 2026
Later that year, the panel issued a plan for the complete restructuring of California’s juvenile facilities.
From "The 57 Bus" by Dashka Slater
