Ok so what we know is:
EA have made 1500 job cuts, some of which (apparently 80) are from Mythic.
Other than that we don't know anything.
Various people who claim to have insider knowledge are saying that it's all of Mythics creative staff gone and the whole studio is now in maintenance mode. That's what they say, but there has been nothing from EA or Mythic to confirm this. They could be right, or it could be the usual shit stirring. Certainly some of the so called experts/insiders/whatever are people recognised as having an axe to grind and they've sniped at WAR with every opportunity, so whilst I'm not writing off what they say, I'm certainly not taking it as gospel either...
In fact be they good or bad, I would recommend not taking any forum "experts", bloggers or anyone stating facts seriously. Speculation and rumour, not a lot else yet.
It boils down to this: We don't know anything and will have to wait for confirmation. Not that it sounds great :P