Cryptic crossword clue
Redundancy means “go into retirement”, only initially 4

The most common and most likely answer to this crossword clue is the 4 letter word GIRO

I've seen this crossword clue in Financial Times
G
I
R
O

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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does GIRO mean?

GIRO noun
  1. (in Europe) A transfer of funds between different account holders, carried out by the bank according to payer's written instructions.
  2. An unemployment benefit cheque.
GIRO verb
  1. To transfer funds between different account holders, carried out by the bank according to payer's written instructions.

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