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Corporate restructuring refers to the process of reorganizing the structure, operations, and ownership of a company with the aim of improving its efficiency, financial performance, and overall competitiveness

It involves various strategic changes such as mergers, acquisitions, divestitures, spin-offs, layoffs, and changes in management or organizational hierarchies. Through restructuring, companies can streamline their operations, reduce costs, eliminate redundancies, optimize resource allocation, and adapt to changing market conditions. The ultimate goal of corporate restructuring is to enhance shareholder value and position the company for long-term growth and sustainability in a dynamic business environment.