Please go on and tell everyone how someone can leave a country where they are expected to be working in, paying rent, school fees for children, the pure membership for their wife to return to their home country and pay more rent and living costs when they are paid HKD$17.4k per month? I know you are trying to troll but you have to look at this objectively for the industry. This is a company taking advantage of a situation to bring down the costs not for a pandemic but the future. Scaring people into signing something is not ever going to be great no matter where the job is located.
If you are an Australian then your brethren who are stood down are in a very unfortunate situation but your domestic travel possibilities mean a return to the cockpit is likely. Those fired have had to find other jobs and eventually may return to a cockpit once the hiring gated are opened.