Definitions from the Web
Pay Cut
Definition: A reduction in salary or wages that an employee receives for their work.
Senses and Usages:
- Noun:
- A decrease in pay as a result of various factors such as company-wide cost-cutting measures, performance issues, or economic downturns.
- Example: After the company faced financial problems, all employees had to take a pay cut.
- Verb:
- To reduce someone's salary or wages.
- Example: The struggling company was forced to pay cut its employees in order to stay afloat.
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