The really sad thing about the Swiss situation is that the first wave of layoffs, hitting Swissair's very youngest and very oldest, have pretty much filled any employment gaps still existing in and around Switzerland. We (smallish corporate operator) have hired a few of those guys, and generally made good experiences with them...
However, as the second wave of layoffs will hit, they will find quite a saturated market. I'll say honestly that it nags on my conscience that we hired a couple "early retired" Swissair captains for a corporate job, although they really had enough money with age 52 to retire gracefully, and now the "poor" guys from ex-crossair have to fight for the crumbs...
Having spent quite a few years in and around the Swissair group in various companies, I can only say this: if you feel that your job at Swiss is menaced (and who doesn't?), then grab the first decent job coming along NOW, don't wait, EMERGENCY, OPEN SEAT BELTS, EVACUATE!!!