Giving the heave-ho (5)

I believe the answer is:

axing

(Other definitions for axing that I've seen before include "Chopping, wood or jobs say" , "Reducing expenditure sharply" , "Dismissing (employees)" , "Cutting down" , "Sacking" .)

I've seen this clue in The Wall Street Journal.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.