Just for the sake of clarity I said `probability of continued employment'. The point is that Ryanair as an airline is likely to be a long term survivor. It is possible that you as an individual may cease to be employed but improbable that all pilots will be made redundant.
Ryanair when copying Southwest decided to leave out the touchy feely corporate culture. Whether this is a reflection of O'Leary's character or just more typical of airline management in general I leave for you to decide. Certainly the fallacy that everything was rosy before the LCCs showed up is well and truly put to rest by (pprune contributor) Alan de Tourtoulon's book describing his early days in BEA, and which I can thoroughly recommend.