Final answer:
The restructuring driver in place when a company experiences a reduction in revenue is cost-cutting.
Step-by-step explanation:
The restructuring driver that is in place when a company is experiencing a reduction in revenue is cost-cutting. When a company's revenue is decreasing, it may need to reduce its costs in order to become more financially stable. This can involve various measures such as laying off employees, closing down unprofitable locations, or reevaluating and renegotiating contracts with suppliers.
For example, if a retail company is experiencing declining sales, it may choose to close down underperforming stores to reduce operating costs. By cutting expenses, the company hopes to improve its profitability and weather the period of reduced revenue.
To summarize, when a company is facing a reduction in revenue, the restructuring driver in place is cost-cutting. This involves implementing measures to reduce expenses and improve financial stability.