Cutting a picture in half is usually a repair job, not a design one.
Someone else is in the photo and you want them out. A scan came back with two book pages in one file. A screenshot caught two windows and you only need one of them. In every case the interesting question is not how many pieces you get, it is where the line goes.
So the line moves. Grab it and drag, or select it and nudge with the arrow keys. The preview updates as you go, and there is a reset button when you want the true midpoint back. That single feature is why cutting in half here works better than cropping twice by hand: you see both halves at once, and you only make the decision once.
The default cut is vertical, one row and two columns, producing a left half and a right half. The axis toggle turns it horizontal for a top half and a bottom half. A 4032 × 3024 iPhone photo cut vertically gives two 2016 × 3024 px halves; cut horizontally it gives two 4032 × 1512 px halves.
Nothing is uploaded. That matters more here than on most splits, because half the reason people cut a photo in half is that they would rather not share the whole thing with anybody, let alone a server.