shakeout


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shakeout

1. A reduction of directly competing people, businesses, products, etc., in a given field, market, or industry. Hundreds of business sprang up during the massive dotcom boom at the start of the century, and the shakeout caused by the bust a few years later caused just as many to close up shop. Revelations of corruption and abuse has led to a huge shakeout among the top producers and actors in the film industry.
2. A sudden selling-off of financial investments, often at a loss, due to uncertainty around or a loss of faith in a particular industry or security. Despite the continuing growth of the economy, many investment analysts are warning that a major shakeout could be on the horizon. The CEO promised that the recent shakeout was nothing more than the stock prices correcting after experiencing such a huge surge over the last 12 months.

shakeout

n. an event that eliminates the weak or unproductive elements from a system. After a shakeout that lasted a month, we went into full production.
References in periodicals archive ?
Information and planning comes from ShakeOut.org, which is managed by the Southern California Earthquake Center at the University of Southern California, with funding from the National Science Foundation, United States Geological Survey and Federal Emergency Management Agency.
The New Zealand ShakeOut 2018 drill and tsunami hikoi, is taking place on Thursday 18 October 2018 at 9.30am.
"The Great California ShakeOut is such an important opportunity for us all to practice what to do the instant the ground starts to shake -- drop, cover and hold on," said Glenn Pomeroy, CEO of the California Earthquake Authority.
Toward the end of 2000 the shakeout claimed Toysmart.com, Garden.com and Pets.com.
Steve McDorman, president and chief executive of Sterling Air & Water indicated that the shakeout could come even sooner.
We will expect many happenings in this year's shakeout drill,' Baloran said.
The Great ShakeOut Earthquake Drills are regionally organized campaigns linked together as a worldwide preparedness movement spanning more than 70 countries in earthquake safety activities that remind participants to Drop, Cover, and Hold On as the recommended safety action immediately when an earthquake occurs.
Barrel Horse[TM] Shakeouts: The Barrel Horse Sand and Casting Processor is a proven one-step solution to casting damage and sand mix problems.
Looking ahead, just how quickly or how thoroughly the shakeout will proceed is anyone's guess.
The shakeout will impact large and small funds alike, but Europe's hedge fund market will likely bounce back faster, owing to its late entry into the fund startup stage, says Van.
After several years of an extremely volatile marketplace shakeout (and the shakeout may not be over), the vendors that remain today are taking a wiser approach to both the selling process and, more importantly, to the actual implementations.
The recent decline of many of the dot.com companies in the inevitable technology shakeout that occurred after the late-90s boom in this area has created a unique opportunity for many corporate real estate executives to quickly get up to speed in the data back-up and disaster recovery arena.
But the shakeout that has severely affected the integrated side of the steel industry has also caused casualties in the EAF sector.
Following the 27th and 25th Anniversaries of the Loma Prieta Earthquake and Oakland Hills Firestorm, respectively; October 20, 2016 is International ShakeOut Day when millions of people worldwide participate in local Great Shakeout Earthquake Drills, at 10:20 a.m local time.
General Kinematics has introduced its Vibra-Claim series of vibratory shakeout/sand attrition mills, which use a solid shakeout deck to remove sand molds from castings.