Three types of restructuring strategies consist of downsizing, downscoping, and leveraged buyouts. Downsizing reduces the number of employees or business units to cut down on costs while improving efficiency. An example of this strategy would be IBMs downsizing that took place in the 1990s, where the company exited the hardware industry and laid off thousands of employees to focus on IT services (Marketplace,2016). Downscoping refers to divesting from certain markets or business units sectors to improve focus on its initial core business. An example of this strategy would be when the company Lego, cut down from multiple side businesses such as movies for entertainment, and multiple theme parks, and changed its focus to completely on Lego sets (Merrill,2022). Leveraged Buyouts occurs when a business is acquired primarily through debt, with expectations of growing profits and generating returns. An example of this strategy would be when a private firm Blackstone group acquire Hilton Hotels in 2007 in a 26 billion dollar leveraged buyout (Fricke,2021).