And good look trying to hire quality applicants in the future! A new guy/girl hired today will have more than 1500 FO/SO in total ahead of him/her on the seniority list, awaiting a command.
At 80 commands a year, that's 19 years to command, not including downturns and the various slowdown that happen from time to time. To put that in perspective, if the average age of the newly hired crew is 30-35, he won't get his command until he's 50-55 years old. In other words, newly hired crew will be career First Officers.
And they'll be stuck on the FO pay scale for a very very long time, which by the way has no more annual increments after year 12.