Layoffs in 40s: Shantanu Deshpande, CEO of Bombay Shaving Company, Calls Losing Jobs in 40s 슬롯사이트˜Worrying Thing슬롯사이트�, Points Out Vulnerabilities in Mid-Career Profession (Watch Video)
Layoffs in 40s? Shantanu Deshpande, CEO of Bombay Shaving Company, called losing jobs in one's 40s a "worrying thing". He further highlighted the vulnerabilities faced by mid-career professionals during layoffs.
Mumbai, April 9:슬롯 머신 사이트 추천Hiring and firing are part of company decisions that affect many people during their careers. The layoffs help the company to save costs, restructure슬롯 머신 사이트 추천their business or adopt technology that streamlines the operations efficiently but it also affects the employees negatively. Bombay Shaving Company's CEO슬롯 머신 사이트 추천Shantanu Deshpande슬롯 머신 사이트 추천recently shared a video on a슬롯 머신 사이트 추천professional networking platform that mid-career professionals, around their 40s were getting laid off슬롯 머신 사이트 추천and슬롯 머신 사이트 추천said it was happening globally.
On슬롯 머신 사이트 추천LinkedIn,슬롯 머신 사이트 추천Shantanu Deshpande posted a video highlighting the issue of people losing슬롯 머신 사이트 추천their jobs in their 40s.슬롯 머신 사이트 추천He pointed슬롯 머신 사이트 추천out that it was an issue that very few people talked about.슬롯 머신 사이트 추천Deshpande said that such layoffs were happening across the industry and countries.슬롯 머신 사이트 추천According to him, the people losing슬롯 머신 사이트 추천their jobs in the 40s were the most vulnerable슬롯 머신 사이트 추천during a mass layoffs event. Tech Layoffs Continue in 2025: Over 27,762 Employees Laid Off by 100 Companies So Far, Automattic, Block, Siemens Join; Check Details.슬롯 머신 사이트 추천
Video of슬롯 머신 사이트 추천Bombay Shaving Company CEO슬롯 머신 사이트 추천Shantanu Deshpande About "Layoffs in 40s"
Bombay Shaving Company's CEO said슬롯 머신 사이트 추천they were vulnerable because they슬롯 머신 사이트 추천would be the highest-paid people. He said, "... and that is the age that is very, very vulnerable for multiple reasons." He said the first reason슬롯 머신 사이트 추천he addressed was the슬롯 머신 사이트 추천"Need money for children's education".슬롯 머신 사이트 추천Second, he said that during슬롯 머신 사이트 추천the 40s, people also had their parents슬롯 머신 사이트 추천in슬롯 머신 사이트 추천their 80s and 90s, making it difficult to deal with medical expenses as well.슬롯 머신 사이트 추천
Shantanu Deshpande said that슬롯 머신 사이트 추천individuals would also need money to pay the EMIs on their home loans. He said that people in their 40s must have bought a home and are counting on their jobs to pay off the슬롯 머신 사이트 추천home loan슬롯 머신 사이트 추천instalments. He슬롯 머신 사이트 추천said that such individuals would not have a lot of savings because their "golden salary period" would be when they get promoted to senior management.슬롯 머신 사이트 추천Fannie Mae Layoffs: US-Based Federal National Mortgage Association Lays Off 200 Telugu Employees for Misuse of 슬롯사이트˜Matching Grants Programme슬롯사이트�, Total 700 Affected.
Deshpande said, "When you lose슬롯 머신 사이트 추천your job in your 40s, it is a massive destabiliser슬롯 머신 사이트 추천financially and슬롯 머신 사이트 추천emotionally for you and your family."슬롯 머신 사이트 추천 He슬롯 머신 사이트 추천said that슬롯 머신 사이트 추천based on the frequency of the layoffs happening as per the articles, it would be a "worrying thing".슬롯 머신 사이트 추천
(The above story first appeared on LatestLY on Apr 09, 2025 02:28 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).