Tryit Editor v2.9

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<!DOCTYPE html>
<html>
<body>

<p contenteditable="true" oncut="myFunction()">Try to cut this text</p>

<script>
function myFunction() {
alert("You cut text!");
}
</script>

</body>
</html>

<!DOCTYPE html>
<html>
<body>

<p contenteditable="true" oncut="myFunction()">Try to cut this text</p>

<script>
function myFunction() {
    alert("You cut text!");
}
</script>

</body>
</html>