redundancyre·dun·dan·cy /rɪˈdʌndənsi/ noun (plural redundancies) [countableC, uncountableU] especially British EnglishBrEHUMAN RESOURCES when someone loses their job in a company because the job is no longer neededOver 2000 car workers now face redundancy.
Several members of staff have taken voluntary redundancy (=they have agreed to be made redundant, usually in return for a cash payment).
Because of low export sales, the company was forced to make 700 redundancies.
a generous redundancy package (=all the payments and other benefits that someone receives from their company when they are made redundant)
When people
lose their job or are
made redundant, they are forced to leave their job because their company can no longer afford to employ them
At least 2,000 computer programmers have been made redundant in the past year.
If someone is
fired or
dismissed formal, they have to leave their job, especially because they have done something wrong
She was fired for serious professional misconduct.
If someone is
sacked British EnglishBrE or
given the sack British EnglishBrE, they must leave their job, for example because they did not do the job well enough, they were no longer needed, or they did something wrong
He was sacked for drinking during office hours.
→ collective redundancy