outplacement

American  

[out-pleys-muhnt] / 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.

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outplacement British  

/ ˈaʊtˌpleɪsmənt /

noun

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

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Etymology

Origin of outplacement

First recorded in 1965–70; out- + placement

Example Sentences

See Examples For:

outplacement

From January to May, U.S. technology companies announced 123,653 cuts, up 66% from the same period in 2025, according to a June report from global outplacement and executive coaching firm Challenger, Gray & Christmas.

From Los Angeles Times ● Jun. 26, 2026

And a recent report by outplacement and executive-coaching firm Challenger, Gray & Christmas predicts it will fall again this summer to a record low.

From MarketWatch ● Jun. 8, 2026

U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions, according to a report from global outplacement and executive coaching firm Challenger, Gray & Christmas.

From The Wall Street Journal ● Jun. 4, 2026

First-quarter layoffs totaled 217,362, according to outplacement firm Challenger, Gray & Christmas, a level 56% lower than the January-to-March period last year.

From The Wall Street Journal ● Apr. 27, 2026

According to outplacement firm Challenger, Gray & Christmas, U.S. employers announced 108,435 job cuts in January, up about 118% from the same month last year and marking the highest January layoff number since 2009.

From Barron's ● Feb. 6, 2026