"sweeping restructuring" is a grammatically correct phrase that can be used in written English.
It is typically used to describe a significant and far-reaching change or reorganization within a company, organization, or system. Example: The company announced plans for a sweeping restructuring of its operations, including layoffs and a shift in focus towards digital marketing strategies.
Such sweeping restructuring will take time.
Oxford underwent a sweeping restructuring earlier this year.
Two weeks after Random House unveiled a sweeping restructuring, the newly consolidated Random House Publishing Group division appointed Susan Kamil, editorial director of Dial Press, as editor in chief of the Random House imprint.
[C4.] Investor Jitters for Phone Start-Ups The buyout firm Forstmann Little has announced sweeping restructuring plans in the last two weeks for both XO Communications, a telephone and Internet company, and McleodUSA, a telephone company in Cedar Rapids, Iowa.
Many utilities are now going through major, sweeping restructuring.
Ford Motor, the No. 2 U.S. car maker, and its top parts supplier, Visteon, on Monday unveiled a sweeping restructuring of their relationship, including the assumption by Ford of $1.65 billion of Visteon retirement benefit costs.
It has to bring about a sweeping financial restructuring, including service cutbacks, limits on patronage and concessions on wages and benefits from the work force.
It turns out that the most momentous act of Vladimir V. Putin's first days as Russia's elected president has not been his choice of a cabinet, or the internal debate over a sweeping economic restructuring plan, or even the approval of two nuclear arms treaties.
But there is also a coded admission that the company is looking in earnest at a sweeping financial restructuring – a debt-for-equity swap, where shareholders are wiped out and lenders take control, or a company voluntary arrangement, a form of insolvency that lets a company slough off unwanted liabilities like pensions and long-term leases.
The Congress, always in hawk to Wall Street, is dragging its feet in passing anything near the sweeping regulatory restructuring that is needed if we are to prevent Goldman Sachs and the rest of the gang from exploiting their "moral hazard" by using the federal treasury as the mother of all "credit default swaps".
Over the next year, the company would struggle through sweeping management changes, restructuring and layoffs, while losing more ground to Facebook.
