Times editor getting rubbed out (6)
I believe the answer is:
erased
'rubbed out' is the definition.
('erase' can be a synonym of 'rub out')
'times editor getting' is the wordplay.
'times' becomes 'eras' (an era is a time or period).
'editor' becomes 'ed' (abbreviation).
'getting' says to put letters next to each other.
'eras'+'ed'='ERASED'
(Other definitions for erased that I've seen before include "Removed by rubbing" , "Rubbed out, deleted" , "destroyed the lot" , "Rubbed out, expunged" , "removed recording" .)