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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From January to March, tech companies announced 52,050 layoffs, up 40% from the same period last year, according to outplacement firm Challenger, Gray & Christmas. Los Angeles Times, 23 Apr. 2026 All signs point to a challenging labor market for the technology industry, including a report last week from outplacement firm Challenger, Gray & Christmas, which said that technology sector job cuts were up more than 24% in March from the prior-year period. John Kell, Fortune, 8 Apr. 2026 The outplacement firm said employers announced 60,260 reductions on the month, representing a 25% increase over February but down 78% from the same month a year ago. Sean Conlon,lisa Kailai Han, CNBC, 1 Apr. 2026 Companies last month announced 48,307 job cuts in February, less than half of the prior month’s total — which recorded the most for any January since 2009, according to data from outplacement firm Challenger, Gray & Christmas Inc. Julia Fanzeres, Bloomberg, 5 Mar. 2026 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 30 Apr. 2026.

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