It's a fairly small team compared to most big MMO's.
It is disappointing that there is so little substance in FFXIV's current content. 5 current raid fights, a faceroll 24 man, couple faceroll dungeons, and deep dungeon. Oh and Aquapolis. Most people I know still playing play out of loyalty to playing the newer FF MMO but miss that feeling in FFXI or other MMO's where you always had a pile of gear you were working towards. FFXIV initially felt like a gear game, back in the Coil days, but these days it's pretty much all cosmetics, housing, etc.
