Unicorn startups’ headcount declines 6.7k in a year: PrivateCircle Research

The number of workers in unicorn startups of India reduced by about 6,700 between August 2023 and the same month this year, with layoffs being part of the reason for the decline, according to an analysis by PrivateCircle Research.

Overall, 116 Indian unicorns employed 410,829 people in August this year as against 417,561 in the same month of 2023.