Dictionary

outplacement

noun out·place·ment \ˌat-ˈplās-mənt, ˈat-ˌ\

: the activity or process of helping workers find new jobs when they are no longer wanted or needed

Full Definition of OUTPLACEMENT

:  the process of easing unwanted or unneeded executives out of a company by providing company-paid assistance in finding them new jobs
ADVERTISEMENT

First Known Use of OUTPLACEMENT

1970

Browse

Next Word in the Dictionary: outplantPrevious Word in the Dictionary: outplaceAll Words Near: outplacement
ADVERTISEMENT
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears