noun
corporate restructuring
Abbreviation of リストラクチュアリング. Refers to broad corporate reorganization, not limited to layoffs.
See also: リストラクチュアリング
会社は経営難で大規模なリストラを実施した。
The company carried out large-scale restructuring due to financial difficulties.
noun, noun or participle which takes 'suru', transitive verb
downsizing; layoffs
Commonly used in everyday Japanese to mean job cuts or workforce reduction, often as a euphemism.
不況で多くの社員がリストラされた。
Many employees were laid off due to the recession.
リストラを宣告されてショックだった。
I was shocked when I was told I was being laid off.