The phrase "a restructuring program" is correct and usable in written English.
It can be used when referring to a plan or initiative aimed at reorganizing or improving the structure of a company or organization.
Example: "The company has initiated a restructuring program to enhance efficiency and reduce costs."
Alternatives: "a reorganization plan" or "a restructuring initiative".
He said that cost-cutting savings from a restructuring program announced last year have produced $18 million in savings companywide.
R.B.S. is in the middle of a restructuring program that is to reduce its balance sheet by about 20percentt.
Among the company's four divisions, operating profit fell 31 percent to 1.3 billion euros, Siemens said, largely because of the cost of a restructuring program.
UNITED TECHNOLOGIES CORP., Hartford, said job cuts under a restructuring program announced last year would be 500 more than it had planned, for a total of 15,000.
"This is part of a restructuring program the company announced in April," Brad Morton, vice president and general manager of Honeywell Advance Circuits, said yesterday.
The Plexus Corporation, a contract manufacturer whose annual sales have declined for two straight years, is closing a plant in Bothell, Wash., as part of a restructuring program.
The company said it will establish a rigid restructuring program as an answer to the $1.44 billion in loss for the past fiscal year.
A new management team initiated a major restructuring program in 2008 that included cost reductions and the sale of nonstrategic assets.
PARIS — A widespread strike all but grounded the German flag carrier Lufthansa on Monday, affecting around 150,000 passengers around the world amid a battle over wages as the airline pushes ahead with a $2 billion restructuring program.
"In a transition year in which we reorganized the company and began a significant restructuring program," Deromedi said, "we sequentially improved our top-line growth each quarter and are now in a better position to deliver sustainable growth going forward".
In the second phase of a major restructuring program, Lucent said, it has cut annual expenses by $2 billion.
