Name changed as you never know. Won’t give too many details as I don’t want to be identified. We had a recent team restructure. My job and one other were at risk of redundancy as they took my job and the other one out of the restructure. Every one else matched to their roles after a lot of messing about due to HR cock ups. I had to apply for a job a bad above, below and two below. I didn’t make the promotion which I knew would be a struggle. They didn’t match me to the role a bad below as I didn’t have some of the skills despite being promised training so I’ve been put two bands below in an admin role, line managed by people I used to line manage. The pay cut is 18k less. I am absolutely broken. Professionally embarrassed and really angry and very worried about the financial impact. The whole process has been really stressful and I am considering raising a formal grievance. Has anyone been through this? How do you pick yourself up?