Indeed the adage of what goes around...comes around
The thing airlines are going to be reminded of in the next few years, indeed all industries where the skills base drives operations, is that employees and indeed the better employees are worth the little extra you pay them to stay!
We have had downsizing, rightsizing, retrenchments, re-applications, cost pressures, business risk and sustainable futures thrown in our collective faces for years......
The reality across most of the western economies is that as populations age and retire there are all sorts of issues to be considered from property and equity markets to employment terms and conditions.
Indeed demographically the western world stands poised for changes the likes of which haven't been seen before.
However as to 500 S/O positions at Qantas I will believe it when I see it...