This shortcut could work under the right circumstances, i.e. lots of jobs, not enough pilots, but in the current economic climate I'd say you're roughly 2 years too late and you'll need to wait another 7-10 years before the market recovers enough.
If you can't get a job then cut/limit your losses and focus on a different career, but don't try to catch a falling knife by buying type ratings/experience. As some people pointed out, there are (and will be!) enough more experienced pilots out of work soon, so don't think that 500 hours on an Airbus will make a difference for your chances.
Investing in these schemes at the moment is
absolute madness and would require a sort of risk taking mentality that, ironically enough, most airlines would fail pilots on during a selection.
