What does 'restructuring' typically aim to achieve?

Restructuring is a strategic process that primarily aims to improve operational efficiency and financial stability of a company. This often involves reevaluating existing operations, processes, and finances to create a more viable business model. The goal of restructuring is to address underlying issues, optimize resources, and ultimately enhance the organization's ability to navigate economic challenges and improve overall performance.

In contrast, focusing solely on asset liquidation is a more extreme measure that typically occurs when a company is beyond the point of recovery and is not the primary aim of restructuring. While enhancing public relations and marketing strategies may be a part of a broader business strategy, they do not inherently represent the core goals of restructuring efforts. Additionally, reducing the size of the workforce can be a component of restructuring, but it is not a standalone objective and should be approached thoughtfully, focusing on creating a sustainable and efficient operation rather than simply cutting jobs indiscriminately.