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Cahners ends e-commerce initiative

Cahners Business Information laid off 20 employees and is discontinuing its e-commerce plans for Web portal Manufacturing.net, a marketplace that promotes content and tools for manufacturers. Executives said the company made the layoffs to eliminate duplicate jobs within other sites owned by New York-based Cahners, which provides business information via magazines and Web sites.

Cahners Business Information laid off 20 employees and is discontinuing its e-commerce plans for Web portal Manufacturing.net, a marketplace that promotes content and tools for manufacturers. Executives said the company made the layoffs to eliminate duplicate jobs within other sites owned by New York-based Cahners, which provides business information via magazines and Web sites.