
abstract Downsizing is a common organizational practice, yet research on the outcomesof downsizing has produced mixedfindings To contribute to this debate,we use an organizational change perspective to investigate whether the large-scalechanges inherent in downsizing setfirms on anegative path that is difficult to overcome and ultimately increases the likelihood of bankruptcy.Additionally,we investigate what factors,if any,can mitigate this likelihood.To do so,we build ...