noun
wage cut; pay cut
Refers to a reduction in wages or salary, often used in business or economic contexts.
会社は業績悪化のため、全社員の賃金カットを発表した。
Due to poor performance, the company announced a wage cut for all employees.
減給 is a more formal term for a salary reduction, often used in official contexts, while 賃金カット is a straightforward compound commonly used in news and everyday speech.
Compound of 賃金 (wages) and カット (cut, from English).