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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Global outplacement firm Challenger, Gray & Christmas said job cuts in August were up 39% from July, and up 13% from the same month a year ago. Frank Witsil, Freep.com, 8 Sep. 2025 Job cuts soared in August, offering the latest evidence of a slowdown in the labor market as some economists warn of a possible recession, according to data released on Thursday by outplacement firm Challenger, Gray and Christmas (CGC). Max Zahn, ABC News, 4 Sep. 2025 In July of this year, there were 62,075 job cuts announced, according to a report by outplacement firm Challenger, Gray & Christmas. Nick Mordowanec, MSNBC Newsweek, 1 Sep. 2025 Meanwhile, more than 80,000 retail jobs had been axed through July, a 250% increase over the same period a year ago, according to Challenger, Gray & Christmas, an outplacement consultancy. Greg Petro, Forbes.com, 18 Aug. 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 Sep. 2025.

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