It looks like you have a load of segments on the legs that aren't really doing anything. It looks like it's recurring on other parts of your model, too. It's not that you have too many cuts - it's more the fact that they're not really adding much in the way of shape. The legs look a bit short, and the hands look a bit on the small side, too. Maybe scale the head down a bit, might help the physique look a bit more natural
One other thing that's pretty important - When posting wireframes, always try to post a shaded model with a wireframe overlay. When you post a see-through wireframe, it's incredibly hard to see what's going on. It'll be a good idea to post a shaded model wire from a few angles, otherwise no one will be able to crit
Cheers,
G