You cannot take another job in the company. Postings were removed before the announcement and more removed today. They're calling it "Realignment." To where? The Fortune article says "2000 openings." Uh, NO. Try 1700. They took down 300 plus openings!
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I can tell you for a fact that at least postings at Lamar were removed before today. One of these positions is absolutely necessary to fill or the store will have to shut down
Have you thought about the possibility that this is because some of those TMs who lost their positions jumped on the open positions and the postings were taken down? I know this to be true in some stores