There are multiple definitions - click on the translation that matches your context.

Austritt

Substantiv

partial

resignation

noun

Comparative law notes

In an employment law context, the term "Austritt" is broader than a resignation, which is generally implies a voluntary action taken by an employee to leave his or her job. By contrast, an Austritt could also encompass an involuntary departure by an employee, However, since there is such a thing as a "forced resignation" (a kind of involuntary resignation), the general term "resignation" could be used as a valid translation of Austritt in the vast majority of contexts.

Definitions of resignation

formally telling your employer that you are giving up your job

An investigation into Mr Mann's alleged financial irregularities has been stopped following his resignation.