noun
- assistance provided by a company to help employees who are being laid off find new jobs
Usage: business term
Examples
- The company offered outplacement services to all affected workers.
- She received outplacement counseling after the merger.
- The outplacement firm helped him update his resume and practice interviewing.
- As part of the severance package, employees got six months of outplacement support.
- The outplacement consultant provided career coaching and job search strategies.
- Many corporations now include outplacement services in their downsizing plans.