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separation

separation
 n.— «The company has completed a wage management initiative that will result in the separation of approximately 3,400 store Associates. The separations, which are occurring today, focused on Associates who were paid well above the market-based salary range for their role. New Associates will be hired for these positions and compensated at the current market range for the job.» —“Circuit City Stores, Inc. Announces Additional Changes to Improve Financial Performance” in Richmond, Virginia PR Newswire Mar. 28, 2007. (source: Double-Tongued Dictionary)

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