Navigating Career Changes: Returning to a Generalist Role After Layoff

I recently got laid off from my mid-level HR role due to the company's struggles. It was a tough situation, but I decided to return to my old job as a generalist, even though it came with a 10% pay cut. I'm grateful that they were willing to take me back, especially since I left on excellent terms with my manager. While I appreciate the stability this brings in such a challenging economy, I can't shake the feeling of having regressed in my career. I genuinely enjoy the work and the team I'm with now, but I find myself feeling a bit depressed about the pay cut and the perceived step backwards. Has anyone else experienced something similar?

Job title: generalist

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