ScanSource to lay off staff as COVID-19 hurts comms and point of sale business

ScanSource will lay off 200 employees as multiple areas of its business suffer as a result of the COVID-19 pandemic. Most of the workforce reductions took place on Tuesday, according to ScanSource CFO Gerry Lyons, with the remaining employees expected to leave soon after. The layoffs were made across multiple business units but focus on non-customer facing positions in the company as well as the distributor's Salesforce-focused Canpango division. On a call to investors, ScanSource chief...