Restructuring

ree-struhk-chuh-ring (noun) Organisational restructuring is the strategic reorganisation of a company's operations, hierarchy, or departments to improve efficiency, cut costs, or adapt to market changes. It involves reshuffling roles, eliminating positions, or completely reimagining how teams and resources are allocated across the business.

Think: the corporate equivalent of renovating your house — messy, disruptive, but hopefully resulting in something better functioning.