It *may* indicate priorities (which is a completely different discussion, and which you might, legitimately, ask if IBM and RH is committed, and at what level, to Fedora in the long term(*)).It was pretty clear in IBM's acquisition announcement that they are only interested in RH as a cloud services company and do not care at all about RHEL, let alone Fedora. The word "Linux" did not show up a single time in the whole announcement!
Red Hat still pays lots of people working on Fedora. Most of
fedora-infra people, lots of people working on tooling - including
me. And many others.
I think that your statement is unfair.
Miroslav