reorg
/riːɔɡ/; /ˈriːɔɡ/Definitions
1. noun
A restructuring or reorganization, often of a company or organization, especially in response to financial difficulties or a change in leadership.
“The company’s decision to undertake a reorg led to the departure of several senior executives.”
2. verb
To restructure or reorganize, especially a company or organization.
“The new CEO was tasked with reorg-ing the company to improve its financial performance.”