The company has really gone downhill during the pandemic.
Whilst there were several faults earlier such as late leave times and little time for a good work/life balance this could almost be forgiven to be part of the nature of the nature of project management. However a recent change in scope has seen production (the majority of the entry level employees) receive mandatory demotions.
Communicated appallingly from management with little information on new salaries - no real justification for adjusting people back apart from wanting to ensure that titles fall in line with industry standards and don't rely on tenure - however new titles have been assigned based on tenure.
Little empathy from management given and no recognition of all the late nights working and the grey hairs gained by working extremely hard for a company that sees everyone as replaceable. Its a shame those in the lowest paid positions have been dealt an even worse hand and those who made this decision have tried to justify it and when questioned with valid points - change the subject.