Excited for a marketing role at a tech startup, but offer retracted due to budget cuts

I received a job offer for a marketing position at a tech startup, which I was really excited about. After going through the interview process and receiving the verbal offer, I was just waiting for the formal paperwork to come through. However, a few days later, I got a call from the hiring manager saying that they had to retract the offer due to budget cuts. It was a huge disappointment, especially after I had already started to envision myself in that role. Now I'm back to square one in my job search and feeling a bit discouraged.

Job title: marketing position

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