Give the pink slip (4)
I believe the answer is:
sack
<span class="explanation-format__ClueExplanation">'<span class="explanation-format__original">give the pink slip</span>' is the definition.<br/ ><span class="explanation-format__explanation">(I've seen this in another clue)</span><br/ ><br/ >This is all the clue.<br/ ></span>
(Other definitions for sack that I've seen before include "Fire; hessian bag" , "Destruction" , "destroy > 50s dress" , "Dismiss, terminate employment" , "present holder" .)