reorganization :

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reorganization

ree awr guh nuh zay shuhn

  • n  the imposition of a new organization; organizing differently (often involving extensive and drastic changes)
    a committee was appointed to oversee the reorganization of the curriculum
  • n  an extensive alteration of the structure of a corporation or government
    after the takeover there was a thorough reorganization
    the reorganization was prescribed by federal bankruptcy laws

  • The pictures on this and the following pages, from his new book Migrations (Aperture; 431 pages; $100), are a portrait of what Salgado calls "the reorganization of the human family.
  • Rail reorganization, new style, is typified by the case of the Chicago Eastern Illinois.
  • First reorganization of a major Class I carrier approved by ICC, this pro-bondholder plan is a far cry from most of those adopted before 1933's amendments to the Federal Bankruptcy .
News & Articles

Quotes

  • Ulrika Jonsson in BusinessWeek
    We explored and will continue to explore all available options for funding and/or selling Saab, and it was determined a formal reorganization would be the best way to create a truly independent entity that is ready for investment,Saab...
  • Sergio Marchionne in USA Today
    The brand-focused strategy has been refined further with the unbundling of the Dodge brand,Marchionne said in a press release. "This reorganization will allow us to protect and develop the unique nature of the product offerings within the...
  • Darl McBride in TheStreet.com
    We want to assure our customers and partners that they can continue to rely on SCO products, support and services for their business-critical operations,said Darl McBride, president and CEO of SCO. "Chapter 11 reorganization provides the...

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