C2nounworkbusiness
US/rɪˈdʌn.dən.si/
UK/rɪˈdʌn.dən.si/
losing your job because your employer no longer needs your work; also the state of being unnecessary
In context
The bank announced 500 redundancies as more customers moved to mobile banking.
He used his redundancy pay to start a small printing business.
Engineers build in some redundancy so the system keeps working if one part fails.
Words that go with redundancy
adjective + noun
- voluntary redundancyleaving a job by choice, usually with a paymentStaff were offered voluntary redundancy to avoid forced layoffs.
noun + noun
- redundancy paymoney an employer pays to someone who loses their jobShe received six months of redundancy pay when the factory closed.
- redundancy packagethe money and benefits offered when someone loses their jobThe bank offered a generous redundancy package to older staff.
verb + noun
- face redundancybe at risk of losing your jobHundreds of workers face redundancy after the merger.