This downsizing article represents a succinct review of the scholarly work of researchers studying the multifaceted downsizing phenomenon over the past 30 years. Since Cascio's (1993) article "Downsizing: What do we know? What have we learned?", the research has burgeoned across several countries. This paper examines what we have learned during the many years of scholarly enquiry. As such, the article is based upon an analysis of the downsizing literature and represents a summation of secondary sources. The research also provides an update on the latest downsizing developments.

      Keywords: downsizing, strategy, workforce, literature review