All flying training studes are now in the 'Redundancy Field'. Those who are unsuccessful for a re-branch at OASC (pretty much all) get compulsory redundancy.
Out of service date will be Sep 2012, so another 18 months in a blue suit although there is no plan what to do with those affected for those 18 months. Just enough time to wait and see people complete the course you've been choped off. If you want out earlier, VW is an option but there is no incentive to do that.