shakeout Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “shakeout” in the English Dictionary

"shakeout" in British English

See all translations

shakeoutnoun [C usually singular]

uk   us   /ˈʃeɪk.aʊt/
a ​situation in which ​peoplelosetheirjobs, or ​companiesstop doing ​business, because of ​economic difficulties: The shakeout in the ​labourmarket after ​Christmas usually makes ​January a ​badmonth for ​unemployment. There has been a shakeout ofinefficientcorporations.
(Definition of shakeout from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"shakeout" in Business English

See all translations

shakeoutnoun [C or U]

(also shake-out) uk   us   /ˈʃeɪkaʊt/
ECONOMICS a difficult ​economicsituation in which ​peoplelose their ​jobs and unsuccessful ​businessesclose down: The ​industry went through a ​badtime and there are not too many ​companiesleft after the shakeout. The ​recession will ​result in shakeout and ​temporarydecline in the ​industry.
MANAGEMENT the ​process of ​changing an ​organization to be more ​successful, especially by ​removingpeople: shakeout of sb/sth The ​company announced the shakeout of its ​seniormanagement.
(Definition of shakeout from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “shakeout”
in Chinese (Simplified) 萧条,衰退…
in Chinese (Traditional) 蕭條,衰退…
What is the pronunciation of shakeout?
Add Cambridge dictionaries to your browser to your website

“shakeout” in Business English

Word of the Day

hipster

someone who is very influenced by the most recent ideas and fashions

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

awesomesauce noun
awesomesauce noun
February 01, 2016
slang the state of being extremely good or enjoyable or something or someone that is extremely good or enjoyable Recovering from the awesomesauce of another fab #Vidcon!!

Read More