Meaning of “redundancy” in the English Dictionary

"redundancy" in English

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(Definition of “redundancy” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"redundancy" in Business English

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redundancynoun [ C or U ]

uk /rɪˈdʌndənsi/ us plural redundancies

HR a situation in which someone loses their job because their employer does not need them:

The takeover is expected to result in over 1,000 redundancies.
be threatened with/face redundancy 200 workers at the plant face redundancy.
volunteer for/take redundancy Employees feel their only options are to move or take redundancy.
compulsory/voluntary redundancy The bank has asked its 700 support staff to consider voluntary redundancy.
heavy/large-scale/widespread redundancies
a redundancy programme/scheme
redundancy costs
a redundancy notice

(Definition of “redundancy” from the Cambridge Business English Dictionary © Cambridge University Press)