haemorrhage
verb [ I or T ]
UK uk/ˈhemərɪdʒ/ us( US hemorrhage)to lose a large amount of money or large numbers of customers, jobs, etc.:
The leisure and hospitality industry hemorrhaged 10,000 jobs and the manufacturing sector lost 6,000.
to haemorrhage cash/staff/customers
haemorrhage red ink
to lose a lot of money in a short period of time:
Buffeted by Japanese and Korean competition, U.S. carmakers hemorrhage red ink like stuck pigs.
haemorrhage
noun [ C, usually singular ]
uk/ˈhemərɪdʒ/ usthe loss of a large amount of money or large numbers of customers, jobs, etc.:
the haemorrage of sth The pay-per-view service is worried about the haemorrage of viewers to its competitors.