Cahners pink slips employees

Cahners Publishing, whose trade publications include Variety and Broadcasting & Cable, said Wednesday that it is pink-slipping 140 employees, representing about 3 percent of its work force. The company also eliminated an honor-system policy of allowing employees to leave at 1: p.m. on Fridays, provided that they make up the missed time during the rest of the week. The company said that it was reacting to current economic conditions.