What's the first question that comes to your mind when you get to know about the reconstruction of your own company and the positions? In fact of feeling angry and insulted, this could be a chance to gain a better role than before, provided your boss knows about your skills and quality of work.
Tips for re-interviewing
Take the interview seriously. Be as serious as you would be when going for an interview to another company. But the way of preparation is different for this interview because the interviewer knows you very well.
You should know the competencies of the company and should have the required skills, otherwise you will get rejected in the first round. Areas of competence which are rewarded within the company are:
Some sources help to identify your competencies:
1. Your performance in the company.
2. Your participation in achieving goals of the organization.
So, instead of wasting time concentrate on preparing for an interview, this can be a chance of being successful.