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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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 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 Those losing their jobs will be offered severance, outplacement services and other benefits, the company said in its announcement. Matthew Glowicki, The Courier-Journal, 2 July 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 9 Sep. 2025.

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