shakeout
noun [C usually singular] /ˈʃeɪk.aʊt/Definition
› a situation in which people lose their jobs, or companies stop doing business, because of economic difficulties: The shakeout in the labour market after Christmas usually makes January a bad month for unemployment. There has been a shakeout of inefficient corporations.Starting, succeeding and failing in businessFiring staff and being fired
(Definition of shakeout noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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You are looking at an entry to do with Success & failure in business, but you might be interested in these topics from the Business topic area:
- Accounting
- Advertising and marketing
- Applying for a job
- Bills & invoices
- Bosses & managers
- Business - general words
- Buying
- Buying & selling - general words
- Employees & colleagues
- Enterprises
- Firing staff
- Industrial action
- Industrial relations
- Mergers & acquisitions
- Negotiating prices
- Office practices
- People who buy things
- People who sell things
- Promoting staff
- Retiring & resigning
- Selling
- Shops & auctions
- Time off
- Traders & entrepreneurs
- Types of employment
- Working hours
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Synonyms and related words:
- administration noun (BUSINESS CLOSING)
- axe noun
- bankrupt verb
- bankruptcy noun
- branch out phrasal verb
- charter verb (OFFICIAL START)
- dying adjective
- establishment noun (START)
- float verb (BUSINESS)
- growing pains noun (DIFFICULTIES)
- locate verb (MOVE)
- moribund adjective
- official receiver noun
- organic growth noun
- prosper verb
- receiver noun (PERSON)
- receivership noun
- shut (sth) down phrasal verb
- wind (sth) down phrasal verb
- wind sth up phrasal verb
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