HR Glossary

What is Restructuring?

A planned, company-wide reorganization of business units, reporting lines, roles, or processes designed to improve efficiency, reduce costs, or align the organization with a new strategic direction, often involving headcount changes.

Why it matters in hiring

Restructuring comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with R

• Remote Work Policy
• Requisition
• Reskilling
• Restricted Stock Units (RSU)
• Resume Screening
• Retained Search
• Retention Bonus
• Retention Package

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