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
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
The outplacement and workplace research firm counted 48,786 cuts announced in June.
—Alicia Wallace, CNN, 4 July 2024
The pharmacy chain said employees losing their jobs will be given the chance to participate in the on-site career fairs and outplacement services to help find new employment.
—Kenneth R. Gosselin, Hartford Courant, 18 Mar. 2024
All affected employees will receive severance packages and outplacement assistance.
—Chris Sims, The Courier-Journal, 2 Feb. 2024
See all Example Sentences for outplacement 
Alain Sherter, CBS News, 4 July 2024
The outplacement and workplace research firm counted 48,786 cuts announced in June.
—Alicia Wallace, CNN, 4 July 2024
The pharmacy chain said employees losing their jobs will be given the chance to participate in the on-site career fairs and outplacement services to help find new employment.
—Kenneth R. Gosselin, Hartford Courant, 18 Mar. 2024
All affected employees will receive severance packages and outplacement assistance.
—Chris Sims, The Courier-Journal, 2 Feb. 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 15 Jul. 2024.
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