I work in a small department, due to reorganisation there were too many at my level. We were all interviewed and I was the one who lost out. I now have to work at a lower grading, although for the time being keep my pay, the idea being if anyone leaves I get their job. It is highly unlikely anyone will leave for 10+ years.
I have been in this role for 10 years and was given no indication there were any problems with my ability. Feedback is that although I interviewed well, others were better. I work part time whereas the others are full time, and personally think this was the major factor.
I am devastated. I feel totally undervalued and worry I have lost the respect of my colleagues. I can't see a way forward other than to leave. There are no jobs in my profession locally so I will have to retrain. We had planned to move this year but have had to put everything on hold.
So, my questions are: has anyone managed to feel positive about themselves/their career after a similar incident?
Should I start planning for a new career?