What does redundancy in the workplace refer to?

Redundancy in the workplace specifically refers to a situation where an employee is dismissed because their position is no longer needed. This can occur for various reasons, such as organizational restructuring, technological advancements that eliminate certain roles, or economic factors that lead to downsizing. When a job is deemed redundant, it typically means that the role itself has become superfluous to the operational needs of the business, leading to the termination of the employee holding that position. This process is often governed by employment laws and regulations, which require employers to follow fair procedures when making employees redundant, sometimes involving providing notice or severance pay to the affected individuals.

The other options represent different employment scenarios such as promotion, hiring, or role changes, none of which align with the definition of redundancy.