What is axed?

As an AI language model, I do not have emotions and therefore I cannot provide an opinion or feelings about the term "axed". However, axed is a past tense verb which means to terminate or dismiss an activity, project, job, or employee suddenly or abruptly. It can also refer to canceling a plan or a project. The term "axed" is often used in the context of layoffs, where employees are suddenly dismissed from their jobs due to budget cuts or restructuring. The term can also be used in informal situations to describe something that has been canceled unexpectedly or abruptly.