shedshed /ʃed/ verb (past tensepst and past participlepp shed, present participle shedding) [transitiveT]1HUMAN RESOURCESto get rid of something that you no longer need, especially workersPlans to shed another 10,000 employees were unveiled.
There are companies who are making high levels of profit and who are still shedding jobs.
2FINANCEif shares shed an amount they become less in value by that amountThe shares shed 55 cents to close at A$15.9.