Giant Hogweed should not be slashed/cut down as the sap is extremely painful on skin - especially in sunlight. Spray it with a product containing Glyphosate, add 30mils to each litre of water and spray using a medium nozzle on a knapsack sprayer. The seeds have a 15-20 year viability in the soil, so if you haven't done much about it in past years and let it seed - it'll be a long haul. Do it every year when at about a metre tall, usually during April, leave it to die and after about a month when it's dry and crisp - carefully cut it down and burn it.
If it's growing in grass that you don't want to kill, use Pastor or Grazon-90 instead, 8 mils and 6 mils per litre of water respectively, as both products do no harm to established grass. Technically you should have a spraying certificate if you are doing it on another's land and / or for reward. Good Luck