If growth is still on the table, then furloughs won't happen. The company just spent a bunch of money to train folks. It's cheaper to keep those folks on the payroll; the alternative would be to furlough a bunch of junior folks who would probably just get jobs elsewhere anyway, then hire and train (read: spend more money on) new folks, which would put the company behind the hiring curve when growth occurs.

If growth doesn't happen, then yeah, furloughs might be next.

The company says growth is coming. Whether or not to believe that, that's up to you.

If it comes to furloughs, then the less people beneath you means the closer that you are to receiving a furlough. You want as many people beneath you as you can get.

If it doesn't come to furloughs, then the less people beneath you means the less people to take reserve lines beneath you. You want as many people beneath you as you can get.

How do you get as many people beneath you as you can get? You don't tell them to stop coming here. You're doing the entire pilot list no favors by doing so.