shake-out

noun

1. the process of reducing the number of people in a workforce in order to lower the costs of a company

Example Sentences

I think the resentment in this country is also building to the boiling point, and it’s hard to predict how this will all shake-out.

From Salon

One side effect of the surge in bond yields has been a shake-out of carry trades in the forex market.

From Reuters

The jobs shake-out is expected to put pressure on salary and bonus growth over the medium term but for now, ambitious banks will likely pay up for big-name hires, cutting back-office or non-client facing roles to find the cash, the sources said.

From Reuters

As Morgan Stanley analyst Adam Jonas put it, “the EV market may be entering the ‘shake-out’ phase.”

From Seattle Times

But it's not the death of the High Street, insists Ms Stainton, but rather a final shake-out of some of the heritage brands.

From BBC

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