I have been in my current role for the last 3 years and have worked for the same company for longer than that. My new boss was appointed mid last year and everything was great at the beginning but in the last 4 months there has been a change in atmosphere which started in our 1 to 1s and has now progressed to criticism in meetings with my peers and direct reports. As you can imagine it has had a real impact on my team who are increasingly de-motivated and has undermined my credibility. I work remotely and most of the team and my boss. I have asked for feedback, which is that they are unsure what benefit my team brings although runs hot and cold in our interactions. It’s a challenging technical area. I have articulated the strategy, benefits, and communicated progress vs plan but it doesn’t seem to be landing. I have never had this problem before and have always been a strong and consistent performer. I am not on a PIP (not that I know of) but am becoming more unsettled. I need my job - we can’t survive without it.
I work in an in-demand area and get approached by recruiters. I had always declined to follow-up as I liked my company, current job and the benefits (bonus and stock options) were good. I feel I need to start looking elsewhere as I hate this panicked feeling. Am I being over-sensitive, should I stick it out based on the benefits which I would lose if I left and see what happens in the next year?