Restructuring Plans

Restructuring plans are strategies used by companies to reorganize their operations, finances, or structure, often in response to financial difficulties or changes in the market. The goal is to improve the company’s performance and ensure its long-term viability. This could involve altering debt agreements, selling off parts of the business, or changing management. For example, a company may negotiate with creditors to reduce debt payments while optimizing resources or laying off employees to cut costs. Overall, restructuring aims to stabilize the business and pave the way for future growth.