I think we all accepted the conditions because we had to - Cathay was the best choice. No feeling of injustice, but acceptance. Something those who were out of touch with the global industry back then, or who have only spent their career in Cathay couldn't / still can't fathom.
We saw the cut backs world wide, Cathay was no different. We came here because Cathay either gave us a free type rating and heavy jet time, or because we couldn't get jobs in our home countries because of the financial global crisis where lay offs were plenty. Perhaps we wanted to believe that the once Great Cathay still existed somewhere inside itself, and change would come. If not however, we knew the time would come where we could make a choice on any world airline and a decision on our futures will be made.
We're nearing a crunch time in a lot peoples decisions as to whether to stay or move on - purely because we might have to. The company has yet to play its hand on the matter which will send us the message.
But like you said, most aren't interested or don't care.