A bit more. Other than 2020 when there were only 32 events due to covid, there have never been fewer than 63 events on the men's tour and as many as 111 (1973), though that was before there was much structure to the tour, or tours, really, with the WCT and ILTF (later ITF Grand Prix).
The trend has been gradual reduction, with 90+ events most years in the 1970s and it only slipping below 80 (to 72) in 1984. It went down a bit further but then actually went back up, reaching 90 events in 1994. But then it trended down again, and it has been in 65ish range (and always below 70) from 2001 to the present. All of which means that Gaudenzi wants to cut the number of ATP events in half - if his goal of 32 is ever realized.
So if 65ish is the norm, Gaudenzi wants to cut that in half, and seems to want to make the Masters bigger events, with more money involved. I can't say for sure, but to me this only furthers the elitist nature of tennis - that tennis--already a rich person's sport--will become even more exclusive with a clear "elite" and then "everyone else," all jockeying for a position in the elite. And of course with fewer small titles, there will presumably be fewer players able to make a living on playing tennis. On the other hand, there's been more money in Challengers and since 2023, there's been 175 events, so less of a drop-off between 250s and the Challenger Tour.