outplacement

American  

[aut-plays-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

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Example Sentences

See Examples For:

outplacement

“It makes the really complicated, emotional letting go of people a little easier,” said Andy Challenger, chief revenue officer of outplacement firm Challenger, Gray & Christmas.

From The Wall Street Journal ● Oct. 27, 2026

U.S.-based employers announced 43,281 job cuts in September, the latest data available, which was down 20% from the prior-year period, according to outplacement firm Challenger, Gray & Christmas.

From The Wall Street Journal ● Oct. 23, 2026

The outplacement firm Challenger, Gray & Christmas — which tracks job-cut announcements in the U.S. —- said AI has been cited in job-cut announcements covering 120,136 positions, or 21% of all cuts.

From MarketWatch ● Oct. 22, 2026

“We are supporting affected employees as they explore other opportunities within Kaiser Permanente and, where appropriate, providing severance, career support and outplacement services,” the health plan’s statement said.

From Los Angeles Times ● Sep. 29, 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

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