With core Rails team members apparently resigning as part of this we may very well see a leadership shake up in the Rails community.
Despite people claiming "Rails is dead!" for the past 10 years, it's continued to be huge at pretty much all levels of development (introductory, hobbyist, contract work, startups, small, mid, and large size companies). I don't really see this changing that significantly.
If we start to see an exodus off of Rails in the next few years from the big players like GitHub, then I'll start to get worried.