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"The college called it a restructuring and used words like 'one-stop shopping' for students, but for me it means unemployment if I don't find other work soon," said Ms. Holloway, who is a member of the union.
So other companies' executives say, 'What the heck, let's call it a restructuring.'".
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NTL, a British cable company that is based in New York, said it had hired Credit Suisse First Boston, J. P. Morgan Chase and Morgan Stanley to advise it on a restructuring of its balance sheet.
In November it announced a restructuring plan to lop some €1.5 billion a year off its costs.Alstom now finds it has almost an embarras of white knights.
And it botched a restructuring of its sales force.
The company has said it plans a restructuring to address its £2bn of debt, and admitted its move from print to digital was taking longer than expected.
The remaining funds will be used to keep Dubai World operating until the end of April while it negotiates a restructuring deal with its creditors.
Sovereign Bancorp will lay off 500 people, or 6percentt of its work force, as it completes a restructuring after buying 278 former FleetBoston Financial branches in New England.
It hired Deloitte, the accountancy company, to advise it on a restructuring and told some suppliers they would not be paid until January.
Its shares added 2.7p to 160p as it launched a restructuring to save £14m at a cost of £5m.
Chip maker AMD is seeing its shares get a boost today after it announced a restructuring plan late yesterday.
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CEO of Professional Science Editing for Scientists @ prosciediting.com