get the chop

1. To lose one's job. You're going to get the chop if you keep coming into work late. The new accountant got the chop after a miscalculation cost the company hundreds of thousands of dollars. I can't believe I got the chop after five loyal years at this company!

2. To be eliminated, as of a service or program. Your know our charity program will be the first to get the chop if the hospital loses funding. If there's not enough interest in the school newspaper, will it get the chop? Can you believe it? Our whole department is going to get the chop at the end of the year.

get/be given the ˈchop

(British English, informal)
1 (of a person) be dismissed from a job: The whole department has been given the chop.
2 (of a plan, project, etc.) be stopped or ended: Three more schemes have got the chop.

See above note at be for the chop.