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redundancy

noun [C or U] (NOT EMPLOYED)
 
 
/rɪˈdʌn.dən.si/ UK

Definition

C1 a situation in which someone loses their job because their employer does not need them: The economic downturn has meant 10,000 redundancies in the Northeast. She took voluntary redundancy.Employment status and types of work
(Definition of redundancy noun (NOT EMPLOYED) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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