My airline (a UK charter) has hired close to 20 ex EZY Flexicrew over the last 12 months and will no doubt hire many more next year. All on a full time contract, with a salary grossing them in the region of £70k in year one. And we've seen more troubled times than EZY. Corporate greed and exploitation of the dreams and ambitions of youngsters, that's what EasyJet is all about
Anywhere near the bottom of the seniority list (bottom 80 or so) in that particular UK charter is a very uncomfortable place to be. In the last 'troubled times', the number of forced base moves, demotions, fleet changes etc. was staggering. People who'd been captains for the best part of a decade didn't have the seniority to avoid demotion in base.
Worth remembering too that significant numbers of the cadets hired back in 2008/9 were given six month contracts, laid off for the winter, then brought back the next summer on a new short term contract, then laid off for the winter again, then finally hired on a permanent contract on pay point one, having accrued no continuous service benefits. Then they were almost immediately told that they may well be at risk of redundancy at the end of the summer (which they were).
No airline holds a monopoly on 'corporate greed and exploitation'.