I don’t think so. Sessions was the first to stick his neck out and support Trump for President because of his stance on immigration. Trump rewards loyalty with loyalty. Sessions will depart at the end of the first Trump term...
Trump is also an executive. He will not continue to reward Sessions if Sessions cannot perform the job for which he was hired to do. In the business world, sometimes you have to fire good, loyal people because they are incompetent. I'm sure Trump has had experience with this.
It was Sessions decision to recuse himself instead of leading the justice dept and the only way to correct this mistake is to gracefully step aside.