Downsized then offered job back
I was recently impacted by a large downsizing at my employer. The day I was notified I went home and started applying to jobs at other employers I had been watching. I was informed that I had 2 weeks and then i would be exited from the company. I asked leaders why i was part of the downsizing and it was due to not knowing the right people which hurt as I was always informed I was a high performer and I worked there for many years. A couple days before my exit day I was offered my job back with no additional pay or benefits but would be doing the work of 3 people. I accepted my old job back. During the time I was planning on no longer being employed by this company I had 2 job interview requests less than 7 days after being downsized and 2 more since being offered my old job back this is less than 2 weeks from applying. I applied to about 20 roles some were a stretch but most I felt I was a good candidate.
What would other people do? When I was let go I accepted not working there anymore and was ready to move on now I feel like if I get an offer that is even slightly better I should leave and move on. I was told when I was offered my job back there will be opportunity for growth and higher pay, not sure on this as it felt like carrot dangling.