So what's going to happen to these guys/gals?
Let's hope they didn't sign up for training loans or anything else that they are personally liable for. If they did they'll have a heavy debt to carry. Caveat emptor/
happens.
As ever there'll be a lot of gnashing of teeth but they'll find jobs eventually, just as many thousands of redundant pilots have done before them. It often isn't pleasant but they'll get over it and they certainly have all our sympathy.
The lesson to learn, of course, is the importance of not signing up to personal training debts that remain in the event of redundancy, or to accept the risk if you do.
Let's hope there aren't too many pilots involved.