HiFlyer14,
Sadly the company has played a tight set of cards and put itself in the position where most major investors agree that rationalisation is essential to the long term survivability of the company.
What they may be able to do is to force contractual change by giving crew the option to either sign the new contract or allow their existing contract to 'expire' thus making themselves unemployed by way of resignation.
That has been the entire thrust of the push for achieving the requirements for implementation of SOSR.
Sadly, even with the supposed green shoots of recovery within the financial sector, there appears to be little evidence of it available for the aviation sector for some time to come!