outplacement

[ out-pleys-muhnt ]

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.

outplacement

/ ˈaʊtˌpleɪsmənt /

noun

1. a service that offers counselling and careers advice, esp to redundant executives, which is paid for by their previous employer

Word History and Origins

Origin of outplacement¹

First recorded in 1965–70; out- + placement