restructuring

Example Sentences

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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

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

Axel Springer reported higher first-quarter revenue and adjusted earnings, its first results since a 2025 restructuring.

From The Wall Street Journal • May 21, 2026

The sales figure from the year-earlier quarter included about $51 million related to sales at stores closed during that period as a result of the company’s 2024 restructuring plan, it said.

From The Wall Street Journal • May 21, 2026

Word went out to the branches to begin to prepare for this covert restructuring.

From "Long Walk to Freedom" by Nelson Mandela