LF, I might have been in the same company. Identical scenario befell me. Unpleasant though it is, care must be taken not too involve a company's seniority system with lifestyle choices. My employer went from three aircraft to six in a short time span. I got a quick LHS out of it. The owner then decided to sell three aircraft & we were back at three. Last in, first out and last promoted, first demoted applied. Really, the company was simply turning back the clock. Some DEC's were saved & I faced RHS but the Seniority list looked the same as where we were three years back. I too faced having to turn back the clock in my personal lifestyle choices but was saved by more senior guys leaving. It is, kinda, the same, wherever you go and in most industries. Not for Doctors & Lawyers but don't get me started on that !