1980s restructuring

The 1980s restructuring refers to the widespread reorganization of companies to increase efficiency and competitiveness. Businesses often trimmed down operations, sold off less profitable divisions, and adopted new management strategies to cut costs and boost profits. This period was marked by a focus on leaner structures, increased automation, and a shift towards market-driven approaches. Governments also deregulated industries to foster competition. Overall, the goal was to adapt to a rapidly changing global economy, emphasizing flexibility, innovation, and streamlined operations to stay competitive in an increasingly interconnected world.