They have posted 65 captain vacancies and 175 FO vacancies for the next bid in the first week of July. Some people will change bases and some will upgrade, there might or might not be forced upgrades, but there will still be FO vacancies per their projections. They might think they are helping staffing by sending sim instructors to fly the line during the busy summer.
I don't feel like Envoy's staffing models have ever been very accurate. I took a delay a couple nights ago while they scrambled to find me an available FO, the original got stuck in an outstation.