Yes, this is another instance of the Grandmaster nerfing a popular choice in the Guild.
Orcs, Strix, and Svirfneblins will have a -1 Level Adjustment in the Guild
They are just so appealing, just so GOOD, that they must get whacked in the face by the nerf bat.
Players who currently have an orc or svirfneblin character don’t have to make any changes. But once they level up, the -1 Level Adjustment applies.
(And 500th post! Yay!)