Sadly, yes. There are currently less than 10,000 Red Pandas in the world, and possibly as few as 2,500 in the wild. Recent research suggests there are actually two branches of the Red Panda family that are genetically different, depending on them being on the Nepalese or Chinese side of the Himalayas. If proven, this could mean that there are far less of each type than previously imagined, making each branch critically endangered.
There are many threats to their safety. Snow Leopards are known to hunt for food, whilst poachers also hunt to collect the Red Panda pelts. These pelts are often made into hats for weddings, as they are rumoured to give good luck to the couple. Additionally, land is being lost to development and deforestation, meaning they are losing more and more of their natural habitat.