Even though I have nothing to do with BALPA and my job isn't on the line (for now) , it is important for every pilot in Europe that BA (but also AF/LH/KLM...) come to an agreement that once the planes are flying again you will be employed on acceptable T&C's. Guess what MOL / Wizz and the likes will offer if even the flag carriers are (further) lowering there standards.
The Lufty pilots have given an excellent statement by offering part time work across the board as long as this crisis last. They also did this before any redundancies were announced. Smart move IMHO.