What is reorganization (reorg)? - Definition from WhatIs.com

Definition

reorganization (reorg)

Part of the Business terms glossary:

Reorganization, in a business context, is an overhaul of a company's internal structure.  

Companies go through reorganization for various reasons. Purposes include improving efficiency, cutting costs, repositioning the business, and dealing with corporate changes such as mergers and acquisitions. The restructuring may involve changes to departments, business units and employee roles, and often includes significant layoffs. 

Changes to the organizational structure are often made to focus effort on a business' core competencies and to minimize the use of resources elsewhere. A company may sell off or otherwise exit unprofitable business units, or outsource work to areas with cheaper labor. 

A reorganization is often just called a "reorg."

 

This was last updated in August 2013
Contributor(s): Ivy Wigmore
Posted by: Margaret Rouse

Related Terms

Definitions

  • time value of money

    - Time value of money is the concept that money acquired sooner or held onto longer has a greater worth or potential worth due to the possible accumulation of interest or ROI while that money is save... (WhatIs.com)

  • extension strategy

    - An extension strategy is a practice used to increase profitability for a given product or service and thus keep it in the maturity phase of the marketing product lifecycle rather than going into de... (WhatIs.com)

  • customer lifetime value (CLV)

    - The customer lifetime value (CLV) is a metric that represents a customer's monetary worth to an organization. (SearchCRM.com)

Glossaries

  • Business terms

    - Terms related to business, including definitions about project management and words and phrases about human resources, finance and vertical industries.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question. Find an Answer.Powered by ITKnowledgeExchange.com

Ask An IT Question

Get answers from your peers on your most technical challenges

Ask Question
  • Reorganizing AS/400 Files While Active

    If your file has millions of deleted records, I would ask how many good records. If it is a small number a REORG only taks a few moments depending on the number of LF attached. One thing you need t...

  • Reorganization of V5R4 while active

    <i>Can someone tell me how to use this?</i> Use it like RGZPFM has always been used. (More later...) <i>Does this come with the operating system or is it a separate module we wo...

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.