Restructuring versus reorganization

Wang Xin ()
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Wang Xin: Academy of Economic Studies, Romania

Manager Journal, 2017, vol. 26, issue 1, 176-183

Abstract: Through this paper I try to delimit the two notions of restructuring and reorganization in order to make them easier to comprehend. For this to be possible, I will make a brief introduction to these concepts and I will try to delimit them to some extent. The notion of restructuring can be defined as the process that has the purpose of reducing the size of the enterprise by reference to the number of employees and the number of hierarchical levels in the organizational structure. The main reason a company resorts to the restructuring process is diminishing spending, increasing profits and increasing efficiency.

Keywords: Restructuring; reorganization; social context; profitability (search for similar items in EconPapers)
Date: 2017
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