Very sad for everyone concerned.
I found myself in the a similar position back in 1980 during the third year of my apprenticeship. But my employer pulled out all the stops and found a place for all the apprentices to continue with their training. We were split between two or more companies, but at least we were able to finish our training.
I know that was a long time ago, but it would be nice to think that ATC could do the same.