verb
- to place (an employee) with another employer, typically as a service provided by a specialized firm during downsizing or restructuring
Usage: business/human resources term; third person singular present tense or plural form of 'outplace'
Examples
- The company outplaces displaced workers through a professional career transition service.
- When the factory closed, the firm outplaces hundreds of employees to new positions.
- HR outplaces senior staff members with generous severance packages and job placement assistance.
- The consulting firm outplaces executives at competing organizations in the same industry.
- During the merger, the corporation outplaces redundant positions to minimize layoffs.