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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What's more, a July 2 report by outplacement firm Challenger, Gray & Christmas found that job cuts have soared to their highest midyear total since the COVID-19 pandemic. Aliss Higham, MSNBC Newsweek, 6 July 2025 Teens are projected to gain 1 million jobs in May, June and July, the lowest tally since 2010, according to estimates by outplacement firm Challenger, Gray & Christmas. Paul Davidson, USA Today, 2 July 2025 Hiring is at one of its slowest rates in the last decade, according to the Federal Reserve Bank of St. Louis, and job cuts are up 47% year over year, according to outplacement firm Challenger, Gray & Christmas. Gili Malinsky, CNBC, 25 June 2025 May job cuts by U.S.-based employers were up 47% from the same month the year before, according to outplacement firm Challenger, Gray & Christmas. Gili Malinsky, CNBC, 13 June 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 19 Jul. 2025.

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