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1.
1. The act of re-employing someone (who was previously laid off) as a temp worker, usually at a lower wage scale.

2. What happens to many people who have lost their permanent jobs following the crash of 2008.

3. Another sign of the harsh economic times in which we live.
Acme Industries is having a Reployment Fair at the hotel downtown. They'll re-hire you as a temp at about half of what you were earning last year.
by Peter Kobs December 07, 2009