Company Restructuring

Restructuring

‍Company restructuring is a strategic process that involves making significant changes to a company's operations, structure, or financial situation. It can be a proactive response to changing market conditions, technological advancements, or internal challenges.

There may be a time where something may not be working for your organisation, and as a result of this, you may decide to look at a restructure.  

Restructuring is often aimed at reducing costs, increasing profitability, or responding to shifts in the industry. Effective communication and support for employees during a restructure are crucial to maintain morale and ensure a smooth transition. It's important to ask clear questions during a restructure consultation, understanding the relationship between restructure and redundancy and making sure any restructure at work is compliant with HR and employment laws.

Handling employee layoffs or reassignments with sensitivity and compassion is essential.

We can help

Warwick HR is equipped to provide expert guidance on company restructuring.