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Restructuring of a company involves reorganizing its structure, operations, or finances to improve efficiency, adapt to market changes, or address financial challenges. This process can include downsizing, merging departments, selling off assets, or changing the business model. The goal is often to enhance profitability, streamline operations, or ensure long-term sustainability. Restructuring can be a strategic move to better position the company for future growth or stability.

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1mo ago

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