outplacement
noun
out·place·ment
ˌau̇t-ˈplās-mənt 
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
If your employer doesn’t offer outplacement support to help with finding a new job, check at local associations and community and government organizations for resources.
—
Winnie Sun, Forbes, 1 Jan. 2023
America’s retailers are expected to add just 410,000 seasonal positions for this year’s holiday shopping season, according to an estimate from outplacement services firm Challenger, Gray & Christmas.
—Ramishah Maruf, CNN, 19 Sep. 2023
The company said those impacted by the layoffs will receive severance pay and benefits, including access to outplacement services.
—Gabe Hauari, USA TODAY, 1 Aug. 2023
All employees are also entitled to their vested restricted stock units, bonuses, a cash contribution for health insurance, and three to six months of outplacement services, per the complaint.
—Todd Spangler, Variety, 12 July 2023
To fund the severance and outplacement costs, Virgin Orbit sold a $10.9-million senior secured convertible note to Virgin Investments, the investment arm of Branson’s Virgin Group, according to the filing.
—Samantha Masunaga, Los Angeles Times, 31 Mar. 2023
All global executives with at least two years of service are eligible for a package which includes their base salary, incentives, COBRA and outplacement services.
—Jamie L. Lareau, Detroit Free Press, 9 Mar. 2023
Those impacted by the job cuts Tuesday will receive severance packages, 4 months of health care through COBRA coverage, pay for remaining vacation time and 2022 bonuses, as well as outplacement support for finding a new role.
—Lauren Rosenblatt, Anchorage Daily News, 2 Feb. 2023
Layoffs in the tech sector have surged by a factor of 16 from last year, according to outplacement firm Challenger, Gray, and Christmas, while finance job cuts have more than doubled.
—Irina Ivanova, Fortune, 15 Aug. 2023
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Winnie Sun, Forbes, 1 Jan. 2023
America’s retailers are expected to add just 410,000 seasonal positions for this year’s holiday shopping season, according to an estimate from outplacement services firm Challenger, Gray & Christmas.
—Ramishah Maruf, CNN, 19 Sep. 2023
The company said those impacted by the layoffs will receive severance pay and benefits, including access to outplacement services.
—Gabe Hauari, USA TODAY, 1 Aug. 2023
All employees are also entitled to their vested restricted stock units, bonuses, a cash contribution for health insurance, and three to six months of outplacement services, per the complaint.
—Todd Spangler, Variety, 12 July 2023
To fund the severance and outplacement costs, Virgin Orbit sold a $10.9-million senior secured convertible note to Virgin Investments, the investment arm of Branson’s Virgin Group, according to the filing.
—Samantha Masunaga, Los Angeles Times, 31 Mar. 2023
All global executives with at least two years of service are eligible for a package which includes their base salary, incentives, COBRA and outplacement services.
—Jamie L. Lareau, Detroit Free Press, 9 Mar. 2023
Those impacted by the job cuts Tuesday will receive severance packages, 4 months of health care through COBRA coverage, pay for remaining vacation time and 2022 bonuses, as well as outplacement support for finding a new role.
—Lauren Rosenblatt, Anchorage Daily News, 2 Feb. 2023
Layoffs in the tech sector have surged by a factor of 16 from last year, according to outplacement firm Challenger, Gray, and Christmas, while finance job cuts have more than doubled.
—Irina Ivanova, Fortune, 15 Aug. 2023
See More
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'outplacement.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1948, in the meaning defined above
Dictionary Entries Near outplacement
Cite this Entry
“Outplacement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/outplacement. Accessed 5 Dec. 2023.
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