Definition of pink slip in English:

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pink slip

Pronunciation: /ˈpiNGk ˌslip/
North American informal

noun

A notice of dismissal from employment.
Example sentences
  • Bank One has recently announced that 5,100 employees will get pink slips.
  • Here is a man so richly deserving of a pink slip that his dismissal on such minor grounds leaves a sour taste.
  • In the Department of Transportation, pink slips will go out to 83 workers, mostly at city parking lots and at the Staten Island ferry, which would see its already crowded rush-hour service reduced by 25 percent.

verb

(pink-slip) [with object]
Dismiss (someone) from employment.
Example sentences
  • The wage cuts, dated back to April 1, mean pink-slipped staff will get a bill for overpaid wages as well.
  • Owner Jerry Jones wasted little time in pink-slipping Dave Smith and hiring Bill Brown, the quintessential fixer-upper.
  • The darkest moment came in the spring of 2001, when 400 of his colleagues were pink-slipped.

Origin

Early 20th century: from the pink paper on which some notices of dismissal were formerly written.

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