Green’s Dictionary of Slang

to find (work for someone).

c.1698		B.E. Dict. Canting Crew n.p.: I’ll cut you out business, I’ll find you Work enough.
1848		‘Ned Buntline’ Mysteries and Miseries of N.Y. II 12: He has a large party of his gang around him, who have come to report the labors of the past week, and to cut out new work for the next.
1857		T. Hughes Tom Brown’s School-Days (1896) 6: We had to cut out our own amusements within a walk or a ride of home.