Sounds like good news to me. Enjoy the time off. I assume they will still be collecting paychecks?
N hires will keep collecting training pay (including per Diem) until one of two things happens:
1. Get furlough
2. The date he/she finish IOE
So, if it takes 6 months to get on line, they will get their paycheck every 2 weeks.
When we started displacing in 2012 I remember guys on IOE going back to the training academy switching planes and everything. They just spend like 4 months in a real 1st year pay before getting 2 year checks.