pink slip
noun
plural
pink slips
plural
pink slips
Britannica Dictionary definition of PINK SLIP
[count]
chiefly US, informal
:
a notice that is given to a worker by an employer saying that the worker's job is ending
— pink–slip
verb
pink–slips;
pink–slipped;
pink–slipping
[+ object]
—
usually used as (be/get) pink-slipped