axing

[aks-ing]

noun

1. the act or process of chopping or trimming with an axe.

2. the removal or termination of something, especially a job, program, or service.

Example Sentences

At the end of last month, Amazon announced it was axing 14,000 jobs, saying it needed to be "organised more leanly" to seize the opportunity provided by AI.

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It said Tuesday that it is axing the roles as part of an effort to “ensure we’re investing in our biggest bets and what matters most to our customers’ current and future needs.”

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The Resolution Foundation think tank says axing the policy would cost £3.5bn a year.

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It comes after the coffee chain announced in February it was axing 1,100 jobs and simplifying its US menu to help flagging sales in its home market.

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The 1,500-signature petition said the axing of GST on food - currently set at 5% for the majority of goods and services in Jersey - would help ease the cost of living for islanders.

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