Some people are more equal than others - that is a fact of life, not just for aviation but every walk of life. That said, look at the positive side - if this rumour is true AND Q400 numbers stay the same, an equal number of aspiring pilots who wouldn't otherwise have made it, will make it now.
Rationalisation, I know, but what else can one do. SJ is a private company, they can do what they want.