Before all sorts of false rumours start circulating, let me give you the facts.
The situation is still the same as was announced just after 11 September - the company is downsizing by 20%, cutting the A320 and Classic fleets and laying off about 1200 people in total. In the flightdeck community, all the Flight Engineers will go eventaully, (fairly obvious seeing as there will be no more aircraft for them to fly), all the contract pilots will go and there will be 157 permanent pilots made redundant in order of seniority - last in, first out. I think some have already gone, i understand that the last ones will not go till April or May. Voluntary redundancy and unpaid leave has been offered and has been taken up by a few people.
I don't know the numbers in the other departments.
As to "how's it doing" - surprisingly well at the moment. Loads across the Atlantic seem to be higher than I for one feared they would be, and all other routes are pretty full - JNB and CPT are impossible to get seats on, but that's to be expected this time of year. Before the Guvnor jumps in with his inevitable posting - I have no idea how the yields are holding up, but everytime I go to work the front end of the cabin is also much fuller than I expected it would be. There is no talk of further redundancies.
I hope that tells you what you want know, and stops any viscous rumour-mongering.
t