Indeed, but it's senior management, not the rank and file. You can see that here:
http://www.glassdoor.com/Reviews/Jagex-Reviews-E322592.htmWhich may also provide your answers regarding an insight into what's happening at Jagex.
I used to avoid the Wildy like the plague, so it didn't really affect me when it went. What did cripple me was free trade going at the same time. The day before I'd just taken out a mortgage on my POH. By which I mean that I'd borrowed over 4m gp to get the levels and materials to install a gilded altar. All of my friends were anxious for it to happen, as they could use it too.
Then came that announcement. I spent the month until it happened working so hard to get that 4m gp, so I could pay everyone back in time. It was awful. It also shows you how much of a noob I was. These days, I could raise it quite quickly, but I have the skills and so many years accumulated wealth.
Stressful days but, in retrospect, much happier than now.