Losing Airways? UAL cutting back 50 seaters? Something must be up you don't just furlough 80 pilots out of the blue.
Unless you're TSA, in which case you do it whenever you darn well please.
This reminds me of what happened in the summer of 2006. Good luck guys, both to those possibly getting furloughed/downgraded and those who will still be there dealing with the rampant junior manning and moving of days off on reserve.