Literal meaning: to
rearrange the structure of something.
Real meaning: to sack lots of workers.
A euphemism used by
bosses to cover up the fact that they're planning to sack workers or to attack workers in other ways (e.g.
worsen pay and conditions).
Boss: We're planning a major restructuring of this factory.
Union rep:
erm - what's that?
Me: It means they're going to
sack loads of people,
you idiot! Quick, do something!