It's been known ever since Tor existed that flow correlation attacks can break Tor's anonymity, but whereas in the past flow correlation attacks had a false positive rate far too high to be useful against an anonymity network the size of Tor (IIRC the best one I saw had a FPR of 2%) two recent attacks -- Deepcorr and DeepCoFFEA -- have FPRs on the order of 0.001%. In addition, the storage space and time requirements to run these attacks makes them feasible even with relatively limited hardware.
What is the impact of these attacks? As far as I can tell, it basically reduces Tor to the same anonymity level as an anonymous HTTP proxy, in the sense that it might protect you against your work's IT department but against any other adversary it's basically useless.
The DeepCoFFEA paper if anyone is interested: https://www-users.cse.umn.edu/~hoppernj/deepcoffea.pdf