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The agency originally planned to restructure debts before selling them in bundles.
USX has already said that it planned to restructure itself, and an announcement is expected before Oct. 22.
He added that he planned to restructure the intelligence agencies to give him greater direct control over them.
In announcing the layoffs, Razorfish said it planned to restructure its business to concentrate on the technology needs of financial services, media, entertainment, manufacturing and health care companies.
Dow also said on Friday that it planned to restructure its ownership with Dow Corning by becoming a full owner, up from a 50-50 joint venture.
The struggling telecommunications equipment maker Lucent Technologies said yesterday that it planned to restructure its businesses into wireline and wireless groups.
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Next week the SNC holds is own conference in Doha where it plans to restructure the organisation.
Morgan Stanley also plans to restructure its money management business by cutting 9percentt of the staff in that unit.
Mr. Hyman added that the company had formed a creditors' committee and was planning to restructure its operations.
Mr Geroski's theory is also consistent with the finding that firms are unlikely to respond to a shock immediately if they plan to restructure soon.
The finance ministry has also started to mop up their debts; it plans to restructure 1 trillion yuan of liabilities.Bureaucratic reforms are the third focus.
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