Taking a promotion when you know you're going to leave is symptomatic of resentment/dissatisfaction imo.
It certainly happens more often when morale is poor, as it generally is now.
There's more than one name on the recent promotion list that seems to be leaving.
There's no bond for command, so many take the valuable experience with them, knowing that by leaving the door will be shut behind them in any case.
And the company has nobody to blame but themselves.
They are more than aware that morale is low, but they are in absolute denial about the cause.
The middle management strut around head office in their pink shirts sipping lattes pretending that everything is fine and dandy.
The Executive management are too busy collecting their "Employer of choice" trophies with little regard for the fact that there is almost a "revolving door" of employees in and out.
They will put a bond on it if too many people start to take it and run. They are in financial ruin in all corners, not sticking up for management here, but the continued burden of unexpected costs will just sink the ship further.
Awesome! That should fix the route cause!
If Virgin was a great place to work, nobody would be leaving.
But because the company has absolutely zero regard for their employees, the staff are demonstrating the same level of regard towards the management.
The rot is well and truly set in and until JB goes it will only get worse, but the problem now is that even if he left tomorrow, the damage may be irreparable!