Umbrellas...? And less content...?

[Lium]

... Should we be a little concerned? What's going on? Did they specify why this is happening?

I knew this was going to get posted. Every time something in the game is reduced, like dungeons, everyone runs to the forums and says "Should we be concerned? Is the game dying."

Uh, no. A quick google search reveals that FFXIV is not only doing well, but is thriving. And it single-handedly carried Square Enix through 2019.