I, along with 5 colleagues, am at risk of redundancy. From 5 (different)senior positions our department is being reorganised to 2 senior positions and the resulting organisation will also contain some less senior positions. The new positions will be slightly higher, or slightly lower grading than our current roles. As I understand it, I should be entitled to (compulsory) redundancy if I do nothing from this point on. Might I forfeit this right if I were to apply for and potentially reject one of these senior roles?