1) Focus on WP7 for the short/medium term. They'll be the premiere phone on the OS and if it takes off, they'll rake in the cash.
2) In the meanwhile MS gives them a boatload of money.
3) Develop Meego in the background and push it later down the line.
The problem, as noted in the leaked stories, is that they didn't have a pipeline of Meego phones that would be ready to go. And while the phone design looks great, the OS looks a bit stale still. So get the OS in good shape, while not hemorraging too much cash.
As for current Maemo/Meego-experience, I think not much can actually be said before the phones appear at stores this fall.
4000 mostly from meego and symbian. So yes they actually are laying off at least some meego devs.