I would offer a part time pilot program like Delta has. (heard this from a Delta FO) They are allowed to work 55 hrs a month and it mitigates furloughs if not eliminates them. Can you imagine how many JFK commuters would jump at the chance to only commute to JFK twice a month instead of 4-5 times? The company would be paying less in salaries because the more senior people would be taking the part time program for the most part and the higher salaries would only be making 55 hrs a month.

Furloughing from the bottom only eliminates the smallest employee costs, creates huge training costs when the employees return, and destroys morale. The part time program makes much more sense to me.

That's what I'd do.