It sounds like the managers were just telling people that rather than looking elsewhere because they're unhappy, they would like for people to come to them with their concerns so they can be remedied (before people feel the need to resign). Too many people are non-confrontational to the point of being passive aggressive; most employers/managers would be very open to making changes within their organizations/teams if they knew people were unhappy...but if you don't tell them, they don't find out until it is too late.
Regarding something LAblondeGPhi said above, I disagree that people have an obligation to stay in a position or at an employer for any established period of time, with exception of teachers and positions like that. I would never make any type of agreement to stay someplace (in my profession) for a set period of time, and I would be immediately suspicious of any employer who suggested it to me. A good place to work would never have to worry about that type of thing.
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