The phrase "a significant restructuring" is correct and usable in written English.
It can be used when discussing major changes or reorganizations within an organization, system, or process.
Example: "The company announced a significant restructuring to improve efficiency and reduce costs."
Alternatives: "a major overhaul" or "a substantial reorganization."
We then had layoffs and a significant restructuring.
Kraft UK's most recent accounts set out details of a significant restructuring of its European operations.
The unprecedented level of the deficit means that a significant restructuring of our economy is inevitable.
Since the buyout, IPC has undergone a significant restructuring under Ms Bailey.
Over the past few years, the Australian tennis hierarchy has undergone a significant restructuring aimed at identifying preteen talent and developing it.
Lewis declined to put a figure on potential job losses but admitted: "This is a significant restructuring of a significant-sized business".
In March 2017 Michelle Guthrie announced that a significant restructure would see up to 200 jobs lost to create a $50m content fund and new ABC positions in regional areas.
"This plan sounds like an improvement from what we have now, but to the extent that it precludes something better, like a more significant restructuring, it could take the pressure off," said Steven A. Morrison, a professor of economics at Northeastern University, who has written extensively about the airline industry and favors privatization.
In addition, Finnegan pointed out, O'Neal, during his first five years as C.E.O., "provided strong and decisive leadership during a phase of significant restructuring, repositioning, and growth for the company.
Walgreens Boots Alliance said it would take "decisive steps" to reduce costs as part of a company-wide "significant restructuring".
These recommendations also come to this organization at a time of significant restructuring due to reform.
