You have to continue to do right. You have to stand on your principles. People will gossip about you, attempt to find the hidden dirt (which there isn't any). The truth is you can't control corporate reorganizations, but you don't have to let it control what happens with the rest of your life.
When this happened to me, everyone around me knew I was a good employee. I still to this day have first rights to interview. Many didn't know that. I did not want to transfer out either. I wanted to stay in my community.
I have nothing negative to say about what happened to me. Didn’t like it of course, but it happened. I loved the people I worked with and for. Our economy on the other hand - took a swipe at the bow internally of our organization.
The truth is that it is easier to find a job when you are already employed, than when you are not. I wish I had some indication that it was coming so I could of prepared, but it wasn't to be. What measures can a person take to try to explain a reduction of force due to reorganization to a prospective employer. It’s a tough cookie. I know I'm not alone in that endeavor.
Many professionals I have found do not understand the difference between money accounts within large corporations and/or schools. You have internal operations (salaries, things like that), then you have a different set of money which is for infrastructure. These pools of money do not cross one another, or at least they shouldn't legally. Thus sometimes you will see companies still expanding with bricks and mortar, yet letting 100's of people go. It would be nice if the accounts could cross over, but unfortunately that is regulated by the US government.
So the upside of the story is. It's okay. Life goes on. You get by. Stay positive and positive will follow. Principle and integrity are genuine attributes that others will admire you for in the end.
If you stick with your resolve you will come out on top, and probably much better than before. You will have grown in areas of your life that you didn’t know needed growth. I understand it is tough to wait on that new dream job – but keep your positive attitude up and it will happen sooner than you know.