I work in Banking, the company I work for got taken over last year and we were all tuped across - however they have now decided to change the branch structure and my role as Assistant Branch Manager no longer exisits - I have been told the equivalent role in the new company would be a Personal Banking Adviser.
This is a direct sales role to the public so not what I currently do atall.
The next blow is I need to apply and by applying and if I am successful I will be transferred onto new employment terms and conditions, therefor losing benefits like Private medical insurance that I currently have plus the Personal Banking Advisor role has a different salary banding so I will have to take a £5k drop in salary!
I am at a loss as to what to do ?
Can they really do this?