I'm sure you'll find, if you ask around the Bouncy Castle, that they are "adjustments" not "reductions".
Crappy airline? On behalf of the residents of said Bouncy Castle I'm offended. I'll have you know that this is "Airline of the Year" and winner of some of the finest awards money can buy.
On a more serious note, any pilots looking to join now need to take a good hard look at how long they will be in the right seats because I suspect this marks the end of the four year upgrades.