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outplacement

[out-pleys-muh nt] /ˈaʊtˌpleɪs mənt/
noun
1.
counseling and assistance in finding a new job, provided by a company for an employee who has been or is about to be dismissed.
2.
an act or instance of outplacing.
3.
the state or condition of being outplaced.
Origin of outplacement
1965-1970
1965-70; out- + placement
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2016.
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British Dictionary definitions for outplacement

outplacement

/ˈaʊtˌpleɪsmənt/
noun
1.
a service that offers counselling and careers advice, esp to redundant executives, which is paid for by their previous employer
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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