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voluntary redundancy
/vˈɑːləntɚɹi ɹɪdˈʌndənsi/
Voluntary redundancy
01
a situation where an employee chooses to leave their job in exchange for a financial package offered by the company
Dialect
British
BritishGrammatical Information
Animacy status
Inanimate
Plural form
voluntary redundancies
Examples
He took voluntary redundancy because the offer was good.
