Organization restructuring happens when the reporting hierarchy of a company changes. After organization restructuring certain groups will report to different departments, and some departments may be newly created or disappear altogether. If the org chart has changed shape then organization… Full Answer
One advantage to staff restructuring is the fact that it will move employees who are not performing to another position. You may find that after restructuring, the person becomes an asset to your team.
Various methods for financial restructuring include selling off a subsidiary, asset back financing, and secularization of funds. A company's financial structure must be changed during financial restructuring.