“…The people who lose their jobs may seem the most affected by downsizing, but it is likely that the employees who remain in the organization-the survivors, and the organization itself-also suffer negative effects. Within the group of remaining employees, it is important to consider not only the feelings experienced by the rank-and-file employees who survive the downsizing, but also of those who implement the actual downsizing, the managers (Kets de Vries & Balazs, 1999).…”