Yet another thread degenerates into mud-slinging and anyone offering an alternative view is treated as a heretic.
The way I see it, BA are starting a subsidary serving new routes - no one is losing their job and no one is having a pay cut. Indeed some guys are getting a job that is presumeably better than the one their leaving otherwise they wouldn't be doing it so I see that as a good thing.
BA pilots are no better or worse than any others I've come across in my 30 years in aviation - met some great guys and some not so good both from BA and from elsewhere. One thing BA pilots don't ever seem to grasp is that aviation is bigger than BA; there are lots of others guys out there who want the best job they can get.