A euphemistic corporate term used in farewell emails, most notably to indicate to the entire company someone's ass got fired.
Please be advised that as of last Friday, Bill is no longer employed by the company. We would like to thank Bill for his contributions to the organization over the past 5 years and wish him well in his "future endeavors".
by ITALUS February 22, 2013
by NiGHTS October 09, 2005