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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The bank said workers will be eligible for severance pay and will receive assistance finding other positions within the company or through outplacement services. Steven Rosenbaum, CBS News, 24 June 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 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 Artificial intelligence has been cited as justification for nearly 50,000 job cuts through April this year, according to research by outplacement firm Challenger, Gray & Christmas. Rebecca Schneid, Time, 26 May 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

Browse Nearby Words

Cite this Entry

“Outplacement.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/outplacement. Accessed 7 Jul. 2026.

More from Merriam-Webster on outplacement

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!