outplacement

noun

out·​place·​ment ˌau̇t-ˈplās-mənt How to pronounce outplacement (audio)
ˈau̇t-ˌplās-
: the process of easing unwanted or unneeded executives out of a company by providing company-paid assistance in finding them new jobs

Examples of outplacement in a Sentence

Recent Examples on the Web
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Last month, a outplacement firm found that cuts to the federal workforce totaled over 275,000 people. Ashleigh Fields, The Hill, 5 Apr. 2025 The outplacement firm attributed the surge to actions by DOGE. Josh Fellman, Quartz, 4 Apr. 2025 According to outplacement firm Challenger, Gray & Christmas, U.S. employers announced 275,240 jobs cuts in March, up 60 percent from February and marking the third-highest monthly total since the firm's records began in 1989. Newsweek Staff, MSNBC Newsweek, 4 Apr. 2025 There’s been a fair amount of CEO turnover this year, with departures reaching 222 in January, according to outplacement firm Challenger, Gray & Christmas, the highest level for the month since the firm started tracking in 2002. Hr Brew, Fortune, 31 Mar. 2025 See All Example Sentences for outplacement

Word History

First Known Use

1948, in the meaning defined above

Time Traveler
The first known use of outplacement was in 1948

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Cite this Entry

“Outplacement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/outplacement. Accessed 16 Apr. 2025.

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