The number makes sense. A LOT of experienced FOs off to BA. 75% of my BA entry course is ex Ryanair. Many also off to Thomson and fewer (mainly Brits stuck abroad) to Jet2.
Steady trickle to the sandpit, with Qatar now the destination of choice. Issues in both seats, the infrastructure in terms of sims is going in to ramp up, and they can just about cope with the aircraft they've got but not expansion. Monarch advertising for Bus/737 rated so I guess some will go there too.
For SFOs the command upgrade "experience" is still rotten in terms of basing and contracts. DECs getting permanent contracts and base of choice over their heads and the same being offered to leavers to try to get them to stay.