Difference between revisions of "Cut"
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| − | ''Cut '' - ( | + | ''Cut '' - (noun) |
== Definition == | == Definition == | ||
| − | This | + | This refers to a reduction of something. It could refer to a decrease in pay (pay cut), or a decrease in jobs due to redundancies (job cut). |
== Extra == | == Extra == | ||
| − | '''Source:''' Own | + | '''Source:''' Own defintiion <br /> |
| − | '''Example of Use:''' | + | '''Example of Use:''' There was a dramatic cut in public sector pay after the financial crisis. Many companies in the public sector carried out widespread job cuts due to a fall in demand for their goods and services.[[Category: Labour Relations/Pay/Hiring and Firing]][[Category: Glossary]] |
Latest revision as of 19:16, 11 March 2020
Cut - (noun)
Definition
This refers to a reduction of something. It could refer to a decrease in pay (pay cut), or a decrease in jobs due to redundancies (job cut).
Extra
Source: Own defintiion
Example of Use: There was a dramatic cut in public sector pay after the financial crisis. Many companies in the public sector carried out widespread job cuts due to a fall in demand for their goods and services.
