layoff announcements for S&P 500 firms, I show that 32% of layoffs announced do not lead to employment downsizing. While the …Contrary to popular belief, layoff announcements do not always lead to reduced employment. Using hand-collected data on … market, in the short run, does not react differently to announcements that do and do not lead to downsizing, firms exhibit …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … study mass layoff (ML) survivors in Austria, using workers who survive a ML themselves, but a few years in the future, as a … control group. Based on highquality administrative data, we find evidence that downsizing has persistent effects on mental and …

We show that downsizing has substantial externalities on the health of workers who remain in the firm. To this end, we … study mass layoff (ML) survivors in Austria, using workers who survive a ML themselves, but a few years in the future, as a … control group. Based on highquality administrative data, we find evidence that downsizing has persistent effects on mental and …