This is the 9920th most frequent Portuguese word.
despedir
"Despedir" means "to dismiss" or "to say goodbye."
In this sentence, 'despedir-se' is used in a reflexive form meaning 'to say goodbye'.
Ela vai despedir-se de seus colegas hoje à tarde.
She is going to say goodbye to her colleagues this afternoon.
Here, 'despedir' is used in the context of terminating someone's employment.
A empresa decidiu despedir vários funcionários devido à crise financeira.
The company decided to lay off several employees due to the financial crisis.
This example also uses 'despedir-se' in the reflexive form to express the act of saying farewell.