It does mean a problem when the original design of the game was based on a subscription service. It shows that BW/EA is not making enough profit to support the game as a subscription. Thus coming up with ways to change their business model and turn a profit. If F2P does happen, I sense their will be another round of cuts in their staff. Obviously they need to start making money again before they can begin adding new content. I sense we will get thin content updates until that day happens.
I really do hope they can turn this game around, its Star Wars for gods sake. So much potential with the IP, but bad game designs just killed this game. If this game does die, I hope another more experienced developer can step up to the plate and do justice to the Star Wars IP.