I feel sorry for you guys. BM management excel again at making life very difficult, when there are better ways available.
However, do not rely on the AFS or any agreement you think you have with the company. Dan-Air pilots had a long standing formal agreement with the Company concerning seniority and first in last out in the event of downsizing or fleet/base closure. When the redundancies were announced (at the same time as BA bought the company for £1) the only pilots to keep their jobs were those on 737CFM LGW based. (BA indemnified the Dan Air directors from legal claims arising from this decision, which Dan-Air directors were reluctant to make). The most junior pilot in Dan-Air is now in BA, and the most senior was made redundant. Balpa was ( or chose?) to be impotent, and because of the costs of fighting the case the courts were of limited help.
Stick together, ensure the Balpa reps do their job with full back up from Frohnsdorf and others. You can't do much about the commercial realities of life with the recession and 9/11. You have to present the management with an acceptable solution to their problem, because they appear incapable of doing it themselves. Hopefully they will see how a committed workforce will be good for the long term future of BM.
Good luck.