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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The report argues that offering outplacement support to exiting employees is vital to demonstrate care for people and contain reputational risk. Mark C. Perna, Forbes.com, 16 Sep. 2025 Global outplacement firm Challenger, Gray & Christmas said job cuts in August were up 39% from July, and up 13% from the same month a year ago. Frank Witsil, Freep.com, 8 Sep. 2025 The outplacement firm Challenger, Gray & Christmas said Wednesday that U.S.-based employers have announced more than 892,000 jobs cuts this year through August, more than the 761,000 reported for all 12 months of 2024. Paul Wiseman, Fortune, 5 Sep. 2025 Job cuts soared in August, offering the latest evidence of a slowdown in the labor market as some economists warn of a possible recession, according to data released on Thursday by outplacement firm Challenger, Gray and Christmas (CGC). Max Zahn, ABC News, 4 Sep. 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 20 Sep. 2025.

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