restructure
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.
Costly restructuring efforts, including an early retirement program for employees, also weighed on the South Korean company’s earnings.
Beverly Hills-based Fat Brands Inc. said in a statement that it filed for bankruptcy on Monday to restructure the debt it accumulated while expanding its company portfolio, citing “difficult and largely unforeseen” market conditions.
From Los Angeles Times
The parent of Saks Fifth Avenue said it will close most of the retailer’s discount chain, Saks Off 5th, as it restructures its business after filing for bankruptcy protection this month.
Last week, BlackRock disclosed the additional paper loss, at least two-thirds of which it attributed to several previously restructured investments.
Deutsche Bank has undergone major restructuring, seeking to rely more on retail and corporate banking after an aggressive shift in the early 2000s into investment banking caused numerous problems.
From Barron's
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.