Even some old family firms, which had prospered more by exploiting political connections than being competitive, shed loss-making subsidiaries.

ECONOMIST: Manufacturing in India

Fujitsu is eager to shed its loss-making hard-disk drive business, in order to focus on gaining ground against formidable rivals IBM and Hewlett-Packard in information technology services consulting.

FORBES: Magazine Article

Rules on securitisation on both sides of the Atlantic, for instance, are making it harder for banks to shed risk and free up their balance-sheets to keep making new loans.

ECONOMIST: Bank regulation

By the Sixties, old-style movie making was dead, as were the studios that would not adapt and shed operating costs fast enough.

FORBES: Will There Be A Hollywood Ending For Madison Avenue?