I'd be worried if I was one of the SO's that Cathay so graciously hand a P2X type rating as to tie them to the airline. All the young guys and gals with all of a bee's knob of experience between them, who's hours count for squat in the real world.
Imagine entering Cathay with all of 400 hours single engine piston (maybe even a couple of multi hours in a Duchess), hand held, flying around in these large, sophisticated aircraft to only be let go and realising that any and all experience accrued counted for nothing. I don't agree with what Cathay does to these young people and when layoffs occur, its those who are most vulnerable that feel it the worst.
Reality cheque please.