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Terminated from one's employment. Half the company is getting pink-slipped in a desperate measure by upper management to save the business. I just found out I'm being pink-slipped at the end of the month.
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.
mod. fired; dismissed from employment. I guess I’ve done it. I’m pink-slipped.
McGraw-Hill's Dictionary of American Slang and Colloquial Expressions Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.