I did the Cabair Mod course a few years ago. There are only 3 that I know of out of the 17 ish people on the course who aren't working. Airlines such as Ryanair, FlyBe, Astreus, Eastern all took on chaps from my course. There were a number went instructing first, couple are still instructing and a couple are now flying corporate stuff.
As for TS getting 'booted out' of the airline trade, I think you will find he lost his medical. As any professional pilot knows, we are only as good as our last medical. Imagine how you'd feel if having spent all that money on your training to do the job that you really wanted to do, a doctor suddenly takes the whole thing away from you. Shame.