Probably rightly. I’ve always considered the guy to be a tool and interestingly, so has much of the industry, he turned it into a circus long before Stelios and O’Really came along. Which is one reason why when the novelty of staff dressed like slappers and in flight massages wore off he was quietly eased out and took on cash cow status with his many publicised stunts and rip off antics in finance, rail, media, soft drinks, you name it, many of which ultimately either failed or became bye words for utter bollocks.There was a time not that long ago when Branson was widely admired. It was him that threw that away. The UK is nothing but a cash cow to him now, and people have woken up to that fact and said "no more".
Which is of course great criteria for throwing a company that has a future and now only a tangential connection with the tit through the eternally puerile name to the wolves. And the thousands of people who will be on their arse as a result.
Your post is the perfect illustration of The Branson Effect. Never mind his actual current connection with the business, the man’s a tube, destroy the business regardless.