What has research on organizational downsizing revealed about the effectiveness of this change strategy on financial performance?
1) Companies that downsize exhibit vastly superior financial performance compared to those that do not downsize.
2) Research has shown that downsizing has no significant impact on financial performance.
3) The effectiveness of downsizing on financial performance varies depending on the specific circumstances and implementation.
4) Organizational downsizing has been proven to have a negative impact on financial performance.
