restructuring

Example Sentences

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Mountain View-based Intuit, the maker of TurboTax, on Wednesday said it was laying off 17% of its workforce, or about 3,000 employees, as part of its restructuring to cut costs and invest in artificial intelligence.

From Los Angeles Times • May 22, 2026

Intuit said it will close its offices in Reno and Woodland Hills and incur an estimated $300 million to $340 million in restructuring charges.

From Los Angeles Times • May 22, 2026

The restructuring was aimed to position each unit for stronger long-term growth and reinforce the company’s focus as a digital transatlantic family-owned media company, the German media company said at that time.

From The Wall Street Journal • May 21, 2026

The sales figure from the year-earlier quarter included about $51 million related to sales at stores closed during that period as a result of the company’s 2024 restructuring plan, it said.

From The Wall Street Journal • May 21, 2026

And to begin the work of restructuring American schools—barely changed in generations despite the ongoing Information Revolution—and their frequently warped structures, procedures, and value systems.

From "Geeks: How Two Lost Boys Rode the Internet Out of Idaho" by Jon Katz