My current company is going through some changes and I am concerned my job will be phased out. My boss assures me that will not happen but I am still worried. I was recently approached by another department to join their team once some additional positions open up next month. What would you do? Would you move over to the other team or would you wait it out and see if you can hold your boss to their word?

Just Elaine is right on the money.

Your boss could be
1) simply keeping you happy until the axe drops
2) not know what's going on with your job or their own for that matter.

I think you should dust off your resume (actually your resume should be interview ready at all times / updated once a month) and also seriously consider moving to the other team.

This just happened in my office. A good friend was hired under the impression that she was going to have "job sceurity" She even asked the managers the day of her interview "what will happen to me when or if the person I work for leaves the office?" The managers assured her that she would not be let go and they would find another place in the office for her to work. Well a few months after she started working, the person she worked with found another job offer and left. Shortly after this person turned in her notice, my friend asked the managers what will happen to her, and again they told her they would find something for her to do. About a week later, they let her know that they would be letting her go because they could "not afford to keep her."

If there is any rumor or doubt in your mind about your job security, update your resume right away and always be on the lookout for another opportunity. I agree with Nanna, your boss may seem genuine, but their intentions in the long run may not be the same as yours.

do you like the job with the other team? would you be interested in it if it came up and you werent concerned about a phase out? your boss only knows what his bosses are telling him. if you arent thrilled with the other optoins or it is a step backwards, i would start putting that resume together and looking at this as an opportunity to see what else is out there! you have time since your boss said you aren't being phased out, so if you dont find anything then you stay, if you find something that makes your heart skip a beat then GO FOR IT :) sometimes we get comfortable and forget to look around and see what else is available that might get us motiviated again! maybe this is your motivation to look around?

You take care of yourself first. While your boss may have the best of intentions, things happen and loyalty to you is not paramount to keeping his business in the black. Speaking from experience!