Restructuring Charge
The one-time accounting cost of layoffs — severance, closures — packaged for investors as a cleansing event. 'One-time' charges that recur annually are just called Tuesdays.
Heard in the wild
“They took a $300M restructuring charge and the stock rose 4%.”
Tone check: Technical
The market applauding a restructuring charge is applauding job cuts with extra steps. Know what the number is made of.