Phrase:Get the chop / Give someone or something the chop
Meaning: To be dismissed from your job; to stop an undertaking to reduce expenses.
Examples:
Mary got the chop, and had to go abroad because she did not find any work here.
We will have to give this enterprise the chop because it is no longer profitable.
This restaurant is for the chop, as they cannot pay all the bills. (ie, it will probably have to close down.)
Meaning: To dismiss someone:
He got the sack for having an affair with the boss's wife.
She was given the sack because she had been very rude to the boss.