People leaving could be bad, or could just be people moving on to new things. Stuff being cut could be good (i.e. refining and focusing the game down to it's core elements and removing superfluous content), or it could be bad, meaning they ran out of time/money to develop some things.
"The worst of it all is i used to ENJOY getting excited for big titles like this, but these publishers just keep ruining my love for this wonderful hobby with their endless fuckery." - Sempai