restructurere·struc·ture /ˌriːˈstrʌktʃə-ər/ verb1[intransitiveI, transitiveT]COMMERCE if a company restructures, or someone restructures it, it changes the way it is organized or financedThe iron ore company has restructured its operations.
The group will restructure, reducing the workforce by as much as 19%.
→ see also downsize 2[transitiveT]FINANCE if a company restructures its debts, it makes an agreement with lenders to pay the debts in a different way to the one agreed beforeThe troubled department store failed to make scheduled interest payments and faces bank demands that it restructure its debt.