Funny old world isn't it?
We had 3 experienced Captains leave to go to SAW a while back. One's flying Metros, another is O/S I hear, and the third is now driving a bus?
Another 2 Captains and 1 F/O went to VA. Sitting in the back seat on $52K P/A and no chance of progression!
We also had several experienced Captains go to Alliance out of Adelaide. Hope they weren't among the guys now out of work. For those who are out of a job, hope you find something soon.
Pilots do tend to take a punt. I mean how else would they be where they are if they didn't. But even if the new company appears solid, be aware that the industrial protection may be inferior!
Morale to the story: The grass may not always be greener guys.