Although in fairness you will less likely be dropped by easyJet, but at the end of the day they like any other airline are still susceptible to the economy.
I agree with Northern Monkey if you are dropped you are seriously screwed, because it's not the type of license or training that is easily transferable. They train you to work in an easyJet Multi crew operation, which could be very different to that of Qatar or Monarch for example. At least with the FPP if anyone gets dropped they could easily transfer to other airlines.
@PilotTyson - perhaps easyJet are just stopping short of 1500 to ensure you have no choice but to sign on for another 3 years. So you are guaranteed to work with them for at least 5 years if they want you.
Still to early to speculate though as not all the information has been given online.
Last edited by Future_Pilot_Pal; 16th Apr 2013 at 14:37.