No. The 1/16 of an inch refers to the radial dimension of the side surface which will remain around the shaft or axle of the tumbler.
Perhaps if I said that most tumblers have a shaft diameter of 5/16 inch, so starting at 7/16 diameter, remove the remaining side surface of the tumbler on the lockplate side.
The shaft on the bridle side is about 3/16 diameter so starting at 5/16 diameter, remove the remaining side surface of the tumbler on the bridle side.
The amount of material which needs to be removed from both sides of the tumbler is only a few thousanths of an inch deep so the actual width in these relieved areas is reduced perhaps .005-.015 total. Just enough to keep the sides of the tumbler outside the 7/16 or 5/16 diameter from rubbing on the lockplate or the bridle.
IMO, this should have been done by the lock builder in a lathe when the tumbler was being machined and before it was hardened.
For folks reworking a finished and hardened tumbler, the material will have to be ground off using something like a whet stone.
You can protect the shaft and the adjacent bearing faces and establish the area where material should be removed by placing a short piece of 3/16 inside diameter or 5/16 inside diameter rubber or clear plastic tubing on the shaft right up to the tumblers face. The clear plastic tubing I'm thinking of has a wall thickness of about 1/16 or so.
With the tubing installed, remove the exposed side surfaces material outside of the tubing.
This will leave the area around the shafts untouched so the original width, when installed in the assembled lock will be the same as it was before you started.
Clear as mud? :hmm: