shake-out


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shake-out

n
(Industrial Relations & HR Terms) the process of reducing the number of people in a workforce in order to lower the costs of a company
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

shake-out

[ˈʃeɪkaʊt] N [of company] → reorganización f, reestructuración f; [of workforce] → reducción f
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

shake-out

n (inf) → Gesundschrumpfung f (inf)
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in periodicals archive ?
The next big trend that this correction will cause is a "shake-out" period for nonprofits.
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In recent years, the industry has seen considerable shake-out. Not only are banks shying away from equipment-based lending, but several conglomerates with financing operations have left the equipment finance business to focus on their core competencies.
Clinch the deal with a finance package
The dramatic political changes and regime shake-outs in certain Arab countries caused widespread turbulence at a time when the understanding of their citizens, on issues such as democracy, freedom of speech and pluralism, was not sufficiently mature.
TME interview with Dr. Ahmed Samerai
Other sectors where there will be more shake-outs are leisure and healthcare, and the secondary industrial market."
New year, new posts and renewed optimism
The mayor of London said he expected "shake-outs" at individual banks as Barclays chief executive Antony Jenkins revealed plans to slash costs by PS1.7bn.
Boris confident London can extend its lead in Europe
Clearly, shake-outs and consolidations are the way ahead and will be in the best interest of the industry's long term prospects," pointed out Ashar.
Islamic fund assets 'stagnant at $52bn'
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