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

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

According to outplacement firm Challenger, Gray & Christmas’s tally, announced job cuts in the tech sector ran 33% higher in the first four months of this year versus last year.

From The Wall Street Journal • May 9, 2026

From January to March, tech companies have announced 52,050 layoffs, up 40% from the same period last year, according to outplacement and executive coaching firm Challenger, Gray & Christmas.

From Los Angeles Times • May 5, 2026

AI was the leading reason U.S.-based employers cited for layoffs in March, according to data from outplacement consultancy Challenger, Gray & Christmas.

From Barron's • Apr. 15, 2026