a tool with a wooden handle an a heavy metal blade, used for chopping wood, cutting down trees, etc.
(informal)if sb gets the axe, they lose their job; if an institution or a project gets the axe, it is closed or stopped, usually because of a lack of money
kill sb with an axe
remove sb from their job
get rid of a service, system, etc. or to reduce the money spent on it by a large amount
"The NSF axed the research program and stopped funding it"