Indian logistics startup BlackBuck is laying off between 200 to 250 employees, primarily from its customer experience and operations teams, as a direct result of the severe disruption caused by the nationwide COVID-19 lockdown in early 2020. The lockdown drastically reduced the movement of goods across the country, crippling operations for logistics firms. The layoffs, confirmed in April 2020, represent a significant workforce reduction for the startup, which had raised over $200 million from prominent investors and served major clients like Asian Paints and Hindustan Unilever. The company was reportedly attempting to help place the affected employees in other organizations.
