Fr8Dog,
I think your "just hired 120 new pilots" is VERY inflated. I think they got the interview numbers up to 120 total (3 x 40) this week, but they are only hiring half of them. The second class of 10 new hires just started last week. Ten in a class, every three weeks. The talk is still of only 4 or 5, -400 classes, and one classic class.
I don't remember signing any "employment contract"?