My Position is Being Eliminated
Back in October, the bank I work for was purchased by another financial institution. I was devastated. I love the company I work(ed) for, and after being with them for 4 years, I felt that I had a pretty good career going. This morning my manager had a conference call and afterward she called me into her office.
The position I’m in now is going to be downsized and basically the only branches that will have an office manager (they call them assistant managers) are the larger branches. Not only is my branch small, but there’s the probability that it may be closed, as there is another one of their branches within a half mile of mine. So, needless to say, we most likely won’t have a position open at my branch. They also were kind enough to tell us that the branches that stay open and do have assistant managers will have an employee of their bank be the assistant manager. Great.
So basically I have some decisions to make. I can post for an assistant manager position that I see become available (a lot of displaced office managers will probably be doing the same thing), I can go a different career path (get licensed and sell investments and annuities or work in another non-customer facing division of our bank like proof), or I can look at getting a new job at a new bank or even in a new field.
Honestly, I am pretty discouraged. I hate that I can’t keep doing the same job I am doing. Basically I am going to get demoted (and who knows about the pay) and be forced to do something else. I’m trying to look at it like this is my opportunity to shine, maybe I’ll get a really sweet job I’ll love, etc. I just don’t know at this point. I’m taking it better than I thought I would. I guess that I’m honestly relieved that we have an emergency fund, have paid off some debt, and can live on a smaller amount of money than we could six months ago. That makes me happy.
I’ll be sure to update the status of my job, and if you’ll send me positive vibes, I’d appreciate it. I’m looking forward to my next, new exciting job!
How is the stability of your job currently?