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
In addition, while not yet showing up in the official weekly unemployment claims data, the Challenger outplacement firm’s data indicated that August’s layoffs surged and that hiring slowed to a 20-year low!
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Robert Barone, Forbes, 7 Sep. 2024
Getty Images Layoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring reached a historic low, outplacement firm Challenger, Gray & Christmas reported Thursday.
—Jeff Cox, CNBC, 5 Sep. 2024
Much like during the late-2000s financial crisis, many teens are driven to work by financial need, according to Andrew Challenger, senior vice president of Challenger, Gray & Christmas, an outplacement and executive and business coaching firm.
—Bailey Schulz, USA TODAY, 21 July 2024
Companies have announced plans to cut roughly 435,000 jobs this year — that is down 5% from the same period in 2023, according to outplacement firm Challenger, Gray & Christmas.
—Alain Sherter, CBS News, 4 July 2024
See all Example Sentences for outplacement 
Robert Barone, Forbes, 7 Sep. 2024
Getty Images Layoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring reached a historic low, outplacement firm Challenger, Gray & Christmas reported Thursday.
—Jeff Cox, CNBC, 5 Sep. 2024
Much like during the late-2000s financial crisis, many teens are driven to work by financial need, according to Andrew Challenger, senior vice president of Challenger, Gray & Christmas, an outplacement and executive and business coaching firm.
—Bailey Schulz, USA TODAY, 21 July 2024
Companies have announced plans to cut roughly 435,000 jobs this year — that is down 5% from the same period in 2023, according to outplacement firm Challenger, Gray & Christmas.
—Alain Sherter, CBS News, 4 July 2024
See all Example Sentences for outplacement
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.
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“Outplacement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/outplacement. Accessed 17 Sep. 2024.
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