1. past tense and past participle of outplace; to arrange for the relocation or reassignment of an employee, especially as part of a layoff or restructuring
Usage: business/human resources term; often used in corporate contexts

Examples

• The company outplaced 200 workers as part of its downsizing initiative.
• Employees who were outplaced received severance packages and job-search assistance.
• The HR department outplaced several managers to other divisions within the organization.
• After the merger, many staff members were outplaced to competing firms.
• The firm outplaced its redundant positions through a structured transition program.