Pink slip (employment)
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Pink slip refers to the American practice, by a personnel department, of including a discharge notice (printed on pink paper) in an employee's pay envelope to notify the worker of his or her termination of employment or layoff. The term dates from 1915; originally the color of the paper had no particular significance. In the UK and Ireland the equivalent of a pink slip is a P45, in Belgium the equivalent is known as a C4.
