To be honest I would have thought the CL's would be the last place they would look to cut back. Given that most people in the CL control a vast amount of income for QF cutting back on the CL would almost be counter productive, especially during the GFC, considering that when it ends these will be the guys who for the most part will be responsible for filling of the F and J seats...
I have no prolem with big spenders and big wigs being recognised - that's simply smart business.
However, 2 ways that they could easily reduce numbers:
1. Stop giving CL membersip to partners of primary holder. I know this does not happen all the time, but I do know of some people who have received as partner. Pretty stupid idea. Simply reward the person - not their family.
2. Cull the old members. While it may not be overly popular, a carefull culling of many middle/senior mangers would not hurt at all. We have to re-qualify each year, so so should they. I understand not culling those with "behind the scenes" pull or connections, such as ex-CEO's and prominent individuals, but there are too mant people getting a free ride. I know of at least 3 that have CL and have had no reason for it having continued for at least 3 - 5 years (eg previously did work for QF or used to manage a tavel account before changing job).
We all understand that some jobs come with perks, no one should surprised that when the job ends, so does the perk.
I, for one, resent the fact that I travel J and F and have earned 2500+ SCs for the last years, yet see people I know, who no longer have any connection with QF, travelling Y and heading in to the CL lounge for their 2 -3 trips per year.