Yes, not just easyjet, but throughout the industry, accountants are are increasingly exploiting the cost savings of replacing an experienced First officer with a much cheaper and contractualy flexible cadet.
As pockets of expansion appear in regional markets, and movement is stimulated as a result of that and some pent up routine turnover, opportunities for change and improvement can only be a good thing in the short term. Overseas markets will seek and pay for the experience, however in the longer term it is hard to imagine that (the same ex-pat') accountants in those companies are not also casting an eye on taking advantage of similar cost reductions.