He does not want the bases but he does want to keep the existing crew, so he will not rock the boat for now. But expect a reduction in base establishment. If freighter crews leave because they do not wish to re-locate there will be little pain to the company, since freighters will soon be parked.
The company are already putting in place the local conditions under which all future pilots will be employed. In 15 years time todays recruits will be Captains on local terms so the cost of housing is a diminishing problem.
I would not work for CX on local terms, but some may not have an option. Opportunities in Europe are limited by a stagnant economy so CX may be the best an aspiring pilot can get.
But looking on the bright side............................................errrmmm