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Daktronics announces job cuts blamed on coronavirus pandemic

BROOKINGS, S.D. (AP) — South Dakota-based Daktronics Inc. is cutting about 100 jobs as the company anticipates financial setbacks created by the coronavirus pandemic.

The Brookings-based maker of electronic displays and billboards reported its net sales, net income and cash generated by operations for the first fiscal quarter were down.

The company said the job cuts will affect employees across the United States and Canada. The layoffs equal less than 4% of the company’s workforce.

 

September 8, 2020