Pink slip refers to the American practice, by a personnel department, of including a of discharge notice in an employee’s pay envelope to notify the worker of his or her termination of employment or layoff.
Synonyms to pink slip are dismissal or dismission. This means the person is removed from his job. It is as good as discharged, dismissed, dropped or terminated removed from the service.
In the USA, companies used to dismiss employees by distributing notices printed on pink slips of paper. American workers from all walks of life fear of one day receiving “Pink Slips from their employers . These are notices printed on pink paper (usually distributed with paychecks) informing employees that their services are no longer required. Perhaps the pink slip doesn’t have anything to do with color at all. it only indicates a practice followed by companies since long while removing him from the service.