Who really cares where your official employment is, as long as the paycheck comes in. As someone who has lost three direct employment jobs in this industry I can assure you that direct employment is not secure either. The simple fact is if the airline is doing well, the paycheck comes in, if the airline is not doing well, the paycheck is in danger of stopping. How your employment contract is set up does not matter. Two of the jobs lost were union jobs and that did not matter either.