Perhaps it is accurate to say the most mobile, unattached people tend to go first.
Perhaps the more loyal people stick around longer -- this puts a positive spin on it.
But you could also say that the most opportunistic people go first -- putting a negative spin on it.
Also, I think it depends heavily on what you mean by "bad". As a company culture deteriorates, sometimes it is the people who have been there the longest that don't notice the decline (see https://en.wikipedia.org/wiki/Boiling_frog)
Perhaps it is accurate to say the most mobile, unattached people tend to go first.
Perhaps the more loyal people stick around longer -- this puts a positive spin on it.
But you could also say that the most opportunistic people go first -- putting a negative spin on it.
Also, I think it depends heavily on what you mean by "bad". As a company culture deteriorates, sometimes it is the people who have been there the longest that don't notice the decline (see https://en.wikipedia.org/wiki/Boiling_frog)