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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And outplacement firm Challenger, Gray & Christmas reported Thursday that American employers announced 94,000 layoffs in May – down 12% from April but up 47% from last year. David Goldman, CNN Money, 5 June 2025 Firings overseen by the Trump Administration's Department of Government Efficiency, commonly known as DOGE, are the leading cause of job cuts in 2025, with over 280,000 federal workers abruptly terminated from jobs so far this year, according to outplacement firm Challenger, Gray & Christmas. Anne Marie D. Lee, CBS News, 5 June 2025 The outplacement firm estimates that teens will gain around one million jobs across May, June and July this year, a stark drop from its forecast of 1.3 million last year and a slight decline from the 1.1 million that were eventually added. Hugh Cameron, MSNBC Newsweek, 24 May 2025 Nearly half of all layoffs so far in 2025 have been driven by cuts related to the Department of Government Efficiency’s (DOGE) efforts to slash government funding and reduce the size of the federal workforce, according to a new report from outplacement firm Challenger, Gray and Christmas. Sarah Fortinsky, The Hill, 1 May 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 14 Jun. 2025.

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