Exploring the aetiology of positive stakeholder behavior in global downsizing

This chapter offers an integrated view between a universal model of downsizing and a country-specific perspective. It's organized in the following manner. We start by providing a review of the global perspective on downsizing, as well as the main causes and origins; in the following sections we propose a multilevel (Klein and Kozlowski, 2000), multifactor approach as a framework for analyzing the consequences of downsizing in cross-cultural terms, and finally, we point out some practical implications. In order to provide a wider perspective on the topic of downsizing among multinational corporations, we conducted semi-structured interviews with professionals who had participated and/or led downsizing initiatives in their professional careers in multinational corporations.