Ryanair continue to recruit 250 hour pilots, albeit feeling the effects dovetailing down through the industry. New guys are going into a holding pool for a few months - I personally know somebody who's been offered a place on the type rating a few days ago looking at a start later in the year, so recruitment is ongoing.
I'm sure it's a complete coincidence that Ryanair's continued growth has something to do with the fact there are no lower fares in the world on similar routes... Charles Darwin and all that...
Good luck to them - morals or no morals, when we hit a bridge like this, there comes a time when customer service must strike a very, very fine line with minimising costs and maximising revenue. It's that, or the extinction of the business.