I heard recently from a very credible source in the GO that furlough notices go out 1/2. They are going to furlough 50 at a time and EXPECT to bring them back within 90 days. Meanwhile, they will fly the crap out of those 50 to get/keep them current, hopefully minimizing retraining costs. they are not planning downgrades or displacements AT THIS TIME.
My opinion is that they are going to try to hold us over until the summer schedule is released in March. Then if that flying is at or above expectations, they will bring the furloughees back. It it's below expectations, they will furlough more.