The research study utilized directed content analysis (a priori) as a method to analyze the thematic elements of in-depth interviews of previously downsized biopharmaceutical employees. The intent of the study was the exploration of positive lived experiences and the range of outcomes from a downsizing activity using positive coping theory as the theoretical framework. Prior research indicates employees typically experience a greater portion of negative outcomes than positive outcomes within a downsizing activity. The emphasis of the research endeavored to capture the specific, positive outcomes on individual employees. Current research documented both positive and negative outcomes to downsizing, which will help leaders better understand the economic and personal impact of downsizing decisions. The significance of the study was evaluated for its ability to inform practitioners, both leaders and their employees, of the benefits and detriments that result from organizational downsizings.