1. the act or process of removing or eliminating something
Usage: often used in phrases like 'job axing' or 'program axing'

1. present participle of 'ax': to remove or eliminate something, especially a job, program, or project
Usage: common in business and media contexts
2. present participle of 'ax': to strike or chop with an ax
Usage: less common in modern usage

Examples

• The company announced it was axing 500 jobs due to budget cuts.
• The network is axing the show after poor ratings.
• They are axing the old computer system and replacing it with new software.
• The government decided against axing the education program.
• He was axing wood for the fireplace.
• The axing of the project disappointed many employees.