restructure

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re|struc|ture /r'iːstr'ʌktʃər/ (restructures restructuring restructured)
[VERB] V n
To restructure an organization or system means to change the way it is organized, usually in order to make it work more effectively.
The President called on educators and politicians to help him restructure American education...
● restructuring [N-VAR]
1,520 workers were laid off as part of a restructuring.

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