termination
US /ˌtɝː.məˈneɪ.ʃən/
UK /ˌtɝː.məˈneɪ.ʃən/

1.
the action of bringing something or coming to an end
:
•
The termination of the contract was mutually agreed upon.
•
The sudden termination of the project caused many problems.
2.
the dismissal of an employee from a job
:
•
His poor performance led to his termination from the company.
•
The company announced the termination of several employees due to restructuring.