/vɑləntɛri rɪˈdʌndənsi/ – Pharse
Definition: Tình trạng tự nguyện nghỉ việc.
A more thorough explanation: when an employee volunteers to be among those who an employer must make redundant (=when an employer must fire people from their jobs because those jobs no longer exist), usually in return for a lump-sum payment
Example: The company is to cut up to 70 jobs as part of a voluntary redundancy scheme.