Well frankie....I told you over a year ago that CX would become just another contract asian airline, much like SQ....no one listened...now tough beans.
The HKAOA is on the wrong side of the power curve...too many pilots for the available positions...for the next five years (at least)...costs NEED to be trimmed, and so they are...with cheaper labor. A tried and true method. The "long stable career" days are...loooooooong gone.