Some back story. I have approximately 10 years of leadership experience in retail. I worked for a company for 8 years and did not feel valued. Lots of busy work for no reason, leadership above me were promoted to the point of incompetence and not going anywhere due to tenure, leaving no room for growth beyond my position. I always did as I was asked and went above and beyond what was asked. I was the shitshow fixer upper.
End of last year a company approached me and offered me a position above what I currently held and lured me with promises of being valued, better communication, and best pay in the industry. I took the offer. Much to my dismay, I was taking over an area that had been neglected for the better part of a year and the entire staff (already an under staffed area) was about to turn over. One by one they did, but they all had great things to say about me as a leader, their reasons for leaving were rooted before I even took over. Now, I'm not one to hire people for the sake of having bodies to fill shifts. I'm selective because I care about the reputation of my company. I had enough people to keep my stores open and I covered as many shifts myself as possible and didn't take any days off. Fast forward two months. I get a call out of nowhere from my boss that I was being demoted from 3 stores to 2 effective in three weeks. I responded “Can you give me til the end of the month to get things in a better spot?” His response was “absolutely not”. Okay fine, whatever.
Fast forward to now, about 3 months later. I had a good review three weeks ago and have been following through on my action plans, have been hiring and training, numbers have been going up, things are feeling good. I was starting to feel less stressed out because finally things were starting to go the right direction. Any time you build a sales team from the bottom up it takes time to get all cylinders firing. Today I get a call from my boss. He starts off with all the BS saying what a great job I did on a few things. Then he launches into it. Effective 5/1 I was losing my position in leadership. Out of nowhere. I wasn't given any dead lines for any improvement in any metrics, no opportunity or real reason other than “your district's numbers aren't the best” (side note, they weren't the worst either and I was leading the region in a couple areas).
My boss has lied to me on several occasions and now blindsided me with another demotion. I quit my previous job, which I could have stayed at indefinitely, to come here in the first place. I want to just quit on the spot come Monday and go on the family vacation I was skipping out on because of this job and my dedication to it. I want to quit, take a couple weeks to myself (haven't been on a vacation since 2014 btw) but I also feel guilty. I loved my job for my employees I helped reach financial goals and change their lives for the better and for the customers who were impacted by myself and my staff and so thankful for us.
I want to quit on the spot, no two weeks. I wasn't given the opportunity or even clear expectations, just demoted.
Am I totally in the wrong for doing that?
Edit: I do not want to stay with this company. I do not want to work under this toxic fly by night leadership nor can I afford to work for a wage below my value.