restructuring
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restructuring
The fundamental reorganization of the structure of a company, authority, or system, often with the aim of increasing efficiency or reducing costs.
Die Umstrukturierung des Konzerns führte zur Entlassung von 500 Mitarbeitern.
The restructuring of the corporation led to the dismissal of 500 employees.
The word has a clear structure: the prefix 'um-' means a change, 'Struktur' (structure) is the base, and the ending '-ierung' turns the word into a noun that describes a process or a result.
Die Umgestaltung des Büros ist fast abgeschlossen.
The redesign of the office is almost complete.
'Umstrukturierung' is a typical word from business language (business German). It is used very frequently in the context of companies, management, and finance.
In der Besprechung wurde die geplante Umstrukturierung der Abteilung vorgestellt.
The planned restructuring of the department was presented in the meeting.
This noun is often combined with certain verbs. Typical phrases are 'eine Umstrukturierung durchführen' (to carry out a restructuring), 'eine Umstrukturierung planen' (to plan a restructuring), or 'eine Umstrukturierung ankündigen' (to announce a restructuring).
Die neue Geschäftsführung will eine tiefgreifende Umstrukturierung durchführen.
The new management wants to carry out a far-reaching restructuring.
reform
A reform comprehensively reshapes an existing system and may change its goals, rules, and procedures. A restructuring primarily concerns the organizational structure. If the main focus is on departments and responsibilities, “Umstrukturierung” is more suitable; for more far-reaching changes, “Reform” is appropriate.
Die Umstrukturierung der Behörde verändert die Abteilungen und Zuständigkeiten.
The restructuring of the agency changes its departments and areas of responsibility.
Die Reform der Behörde verändert ihre Ziele, Regeln und Arbeitsverfahren.
The reform of the agency changes its goals, rules, and working procedures.
