Not at all. It's still getting quarterly story updates that include new zones (sometimes not the best, but Jahai Bluffs seems pretty popular), plenty of collections, occasional fractals/raids (new raid wing came with the last update) and a few hours of new living story content.
It's a B2P game, the cash shop is how they sustain revenue outside of box purchases, and GW2 has one of the better cash shops around. Mostly focused on cosmetics, and the convenience items don't impact power/balance and are usually pretty popular. There's no optional sub.
I get that this may be your opinion, but it's not reflective of the reality of how GW2 and SWTOR are supported respectively, nor of the status of GW2 right now.