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You are, start searching, hit up all your business contacts and get out of there.
You are. It may not be malicious though. Likely you asked. After some time it was forgotten. Then when they were getting ready to hire again they made a decision on someone and forgot about you. They would never say that though so they are making performance excuses. I would continue to press for a promotion, address and document you’ve worked on the issues. But all the while passively look for another job opportunity. The right come will come along whether it’s with your current company or somewhere else.