单词 | reorganization |
释义 | reorganizationDefinitions 1. Restructuring of a firm's operations, in order to concentrate on core activities and outsource peripheral ones, often requiring reduction in workforce. 2. Combination of two or more organizational units resulting in a new entity in which the combined units remain essentially intact. 3. Readjustment of a firm's debt and capital structure after a bankruptcy or receivership order. Use 'reorganization' in a SentenceIt is hoped, by the board of directors, that the reorganization of the company will keep the company from going bankrupt. Sometimes you may need to undergo a full reorganization for your business if things have not been working out well. The reorganization of the firm lead to a lot of new hires as well as a lot of old people being let go. |
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