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

Example Sentences

Outplacement firm Challenger, Gray & Christmas said job-cut announcements fell in September.

Read more on The Wall Street Journal

A veteran job coach I’m working with at an outplacement agency says, “It’s not broken; it’s just different.”

Read more on Slate

Challenger, Gray & Christmas, which offers outplacement services and executive coaching, gathers data from news reports, company filings, annual reports, news releases and layoff notices.

Read more on Los Angeles Times

U.S.-based employers announced 64,789 cuts in April, down 28% from 90,309 cuts announced in March, according to a report by global outplacement and business and executive coaching firm Challenger, Gray & Christmas, Inc.

Read more on Seattle Times

More than 28,000 job cuts by tech firms nationwide were announced in the first two months of this year, according to Challenger, Gray & Christmas, an outplacement and research firm.

Read more on Los Angeles Times