shake-out
noun/ˈʃeɪk aʊt/
/ˈʃeɪk aʊt/
[usually singular]- a situation in which people lose their jobs and less successful companies are forced to close because of competition and difficult economic conditions
- Experts are predicting a shake-out of the overcrowded airline market.
- (also shake-up)a situation in which a lot of changes are made to a company, an organization, etc. in order to improve the way in which it works
Check pronunciation:
shake-out