No, but it's nowhere near as strict in its management. Plenty of memory issues can still usually from unintentionally maintaining a reference to an object. forgotten global variables, uncleared timers (setInterval), or closures that stay in scope longer than necessary.
And ofc you now have the performance overhead of GC constantly running
Meanwhile i have a linux server that's currently running individual LXC containers for hosting
Snipe-it, zammad, paperlessNGX, wiki.js, rustdesk server, firefly III, flare, among a few other things. And it's barely using 6GB total. Less than windows sitting at desktop these days. It's pathetic how bad windows has become.