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The health and well-being of bankers following downsizing
A comparison of stayers and leavers Following the sudden and unprecedented collapse of Icelandic banks during the recent economic recession, 20 per cent of bank employees were laid off. This nation-wide study compared the health and well-being of university-educated stayers and leavers following the downsizing of the banks and took into account labour market trajectories among the leavers following downsizing and job insecurity among the stayers. Results indicate a clear difference for the stayers and leavers on all outcomes of health and well-being, indicating that stayers fare worse than leavers...

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