de-employment

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Now he's saying we have too many employees, and "de-employment" for up to 3,000 workers is contemplated, plus the consequential cuts to services.

Thestar.com - Home Page 2011
I have also observed professionals go through various forms of de-employment (furloughs, part-time, pay cuts), endure them for a time, and then quit to do something else.

The Exodus - Christopher Butler 2025