It is pretty obvious that any recovery is going to be a long time coming. CX has far more pilots than it needs for the foreseeable future and indeed such a large surplus that many more must be culled to ensure the survival of the airline.
The bases are being cut but that won’t be enough. Forget KA pilots, the loudest voices lobbying ImmD to refuse work visas will be those pilots with
PR clamouring to come back to HK from a base. Once HK layoffs start then Locals and HKPR will be insisting that those on visas go first.