IPA: /aʊtˈpleɪsmənt/
KK: /aʊtˈpleɪsmənt/
The process of helping employees who are leaving a company to find new jobs, often with support from the company.
The company offered outplacement services to help laid-off workers transition to new employment.
Outplacement → It is formed from "out-" (meaning outside or away) and "placement" (from Old French *placement*, meaning the act of placing). The word refers to the process of helping someone find a new job outside of their current employment, particularly after being laid off.
Think of 'out-' meaning outside and 'placement' as the act of putting someone in a new job. This helps you remember that outplacement is about finding a new position outside of the current one.