From Longman Dictionary of Contemporary Englishoutplacementout‧place‧ment /ˈaʊtˌpleɪsmənt/ noun [countable, uncountable] BECa service that a company provides to help its workers find new jobs when it cannot continue to employ them
Examples from the Corpus
outplacement• Outplacement services are increasing their role, with three-quarters of firms now incorporating outplacement services in severance packages.• You are being forced to change career due to unemployment, downsizing, ill health, outplacement / redundancy.• One especially effective initiative was a decision of the recruitment and training staff to turn themselves into an in house outplacement centre.• At one time he had specialized in outplacement counseling; now he was in the business of helping organizations deal with change.• Christmas, the international outplacement firm.• Everyone will, as per standing Union agreements, receive outplacement counselling, redundancy payments.• In my redundancy / outplacement counselling experience, these are the key things I have found that help.From Longman Business Dictionaryoutplacementout‧place‧ment /ˈaʊtˌpleɪsmənt/ noun [countable, uncountable]HUMAN RESOURCES a service provided by a company to help its professional employees find new jobs when the company is no longer able to employ themfirms specializing in relocation and outplacementEmployees were provided with an extensive package ofoutplacement services. 