Is it wise to go to my company’s competitor for a promotion and risk burning a bridge?

For context, my small company was suddenly bought out by a large corp. I was about to get promoted to leadership but the new company doesn’t want to honor the title/salary increase we worked out. We only have one significant competitor in our industry, and it’s likely my best option. Love my company, been with them for years, but I’m really struggling with how frustrating this situation is.

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Over the last few months my job work load has increased to helping more teams and I have been brought on to be a major voice on a product transition (I am one of three non managers helping make the decision and have more responsibility on the project then half the managers. The company is global (30+ teams)) and I can see that it will increase over the next months. The company I work for is known for not promoting internally easy. Anyone have any advice on how to make the transition easier?

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