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The phrase 'are undergoing restructuring' is correct and usable in written English
You could use it in a sentence to describe a situation in which a company or other organization is changing its processes or structure. For example, "The company is currently undergoing restructuring following a major merger."
Exact(2)
The companies are undergoing restructuring.
Some Web-based video providers are undergoing restructuring that could hurt sales going forward.
Similar(58)
The Polish coal industry has been undergoing restructuring to provide for its transition to a competitive environment.
In a statement, Duff & Phelps said: "The group has been undergoing restructuring and, as has been widely reported, the shareholders have been in negotiations to find a buyer for the business.
Mr. Xu became a public figure in 2008, when he led a shareholder suit against Gangfan, a state-owned steel company based in Sichuan Province that was undergoing restructuring, accusing it of wrongly failing to buy back stock warrants held by investors.
Just three months after taking the reins of the embattled US Department of Veterans Affairs, VA Secretary Robert McDonald announced on Monday the department with more than 300,000 employees will be undergoing restructuring that will include firings and office-wide reforms.
This is particularly pertinent in the current situation in Ireland, as healthcare funding is undergoing restructuring.
Livestock service provision in many developing countries is undergoing restructuring as part of an international programme of economic adjustment.
The school system is undergoing restructuring from the 3-level system (Primary, Junior and Secondary) to 2-level:Basic education (Grades 1 9); and High school (Grades 10 12).
Once the backbone of American industrial might, steel companies are undergoing a drastic restructuring for survival, by continuing to shut plants, lay off workers, enter joint ventures or diversify away from steel.
Employees at Exxon's Reliance Electric Company subsidiary and at the Exxon nuclear division did not get the one-page letter sent out Tuesday because those units are undergoing a separate restructuring.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com