The matrix system was used by Ezy some years ago when they made some cabin crew redundant. The CC took the company to court and won, Dont have the details but it is not simple.
To make anybody redundant cost money, would it be worth asking Flybe management to contact Ezy on your behalf and rather than pay redundancy put these funds to paying for your type rating and a position with us.
I appreciate there are many hurdles to cross applications etc but the bottom line Ezy are recruiting. Unfortunately this would mean not so many cadets but to fair most line Captains would prefer a few more experienced pilots.
I am also aware of the pilots in the holding pool,however I would image most of these pilots at least do have a job at present and would at the worst just delay your start date.
I for one would look forward to flying with you guys. Good luck