<ul><li>Bombay Shaving Company CEO, Shantanu Deshpande, explains that employees in their 40s are the main target during layoffs due to being the highest paid.</li><li>This vulnerable group is facing mass layoffs as companies aim for streamlined operations and cost reduction.</li><li>The situation can lead to an emotional and financial disaster for the affected employees, given their age and additional responsibilities.</li><li>The loss of a job in one's 40s can have a significant impact on finances and emotional well-being for both the individual and their family.</li></ul>

'Employees In Their 40s Main Target During Layoffs': Bombay Shaving Company CEO Explains Reason

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