closed in 2011: Switzerland
closed in 2011 (or 2010?): Luxemburg
German Branch takes care for those countries now (as well as for Austria, already mentioned above)
Generally, closing/merging branches is nowadays a reasonable measure, especially for countries sharing same language (as with Greece-Cyprus; Mexico etc.; Germany-Switzerland-Luxemburg-Austria; NSL-Australia), or for provinces/states belonging to the same political nation (Hawaii-Alaska-USA).
As far as I see, great majority of active witnesses have no problem with this. No disadvantage at all; just saving some money.
Italy branch shall not be closed. Maybe printing will be stopped (has already been stopped?) in Italy?
Changing number of branches is no proof for changing condition of WTS. Real evidences for worsening condition of society are, for instance, change in age distribution of elders (young ones are not willed anymore to get involved), and merging congregations in urban areas of industrial countries on a large scale (no growth expected anymore!).