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This meant thousands of layoffs and massive restructuring.
However, he is best known for the massive restructuring effort he took on when he joined Reuters as the business information and news agency's finance chief in 2000.
How can you avoid the agony of putting your company through a massive restructuring?
And I think the accounting profession is about to undergo massive restructuring of principles and organization.
The Arab world has been poised for a massive restructuring for decades.
Huge over-capacity and large losses forced the government to undertake a massive restructuring of state-owned firms.
A massive restructuring last year does not yet have the investment house and the parent bank working smoothly together.
We are going through a massive restructuring of the armed forces — we are coming down in size.
I was faced with undertaking a massive restructuring and write-downs to get the unit back to a competitive position.
Then last year, its co-bosses were ousted in June and massive restructuring was announced in October to try and rein in spending.
"There has been a massive restructuring in the past 25 years," said Hans-Karl Starke, an analyst at the Rhine-Westphalia Institute for Economic Research in Germany.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com