CORPORATE restructuring seems to be the buzzword in the current difficult economic environment and more competitive marketplace. It is a management term for the act of reorganising the legal, ownership, operations of a corporate entity, usually driven by the necessity to make financial adjustments to its assets and liabilities.
Corporations restructure for many reasons. While most do it to reduce costs and increase profit, there are other reasons, such as the need to incorporate new technology, improve competitive advantage, spin off a subsidiary company, merge with another company, decrease or consolidate debt, and concentrate on key products or accounts.
In the tech world, the recent news about Microsoft confirming its restruc…
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