Educational or Career Placement in Academic Settings: “Placement” often refers to the process where students are assigned to specific courses or programs based on their academic performance, skills, or interests. For example, students may be placed into different levels of math or language courses.
In Career Services: “Placement” can also refer to the process of helping students find internships, co-op opportunities, or full-time employment after graduation. Many educational institutions have career placement services to assist students in securing job opportunities.
Job Placement or Employment:

Recruitment and Staffing Agencies: In the context of employment, “placement” is often used by recruitment or staffing agencies to indicate successfully securing a job for a candidate. When a candidate is hired by a company through the efforts of a recruitment agency, it’s considered a successful placement.
Corporate Human Resources: In organizations, HR departments may use the term “placement” to refer to the assignment of an employee to a specific role or position within the company.