Activision's Shaba Games, which most recently developed Spider-man: Web of Shadows, has allegedly been shuttered. Kotaku reports that sources with knowledge claim the studio closed yesterday; attributing the corporate downsizing to sluggish sales of Guitar Hero 5.
Approximately 30 employees were reportedly laid off at Shaba, which is roughly half the workforce Shaba claims to have -- an eerily similar fate that apparently befell Activision's 7 Studios earlier this week. We're currently following up and will update with any new information.
Update: Activision confirmed the studio's closure with this statement: "Activision continually evaluates the resources at our studio properties to ensure that they are properly matched to our product slate and overall strategic goals. As part of this process, we recently made the difficult but necessary decision to close Shaba Studios. We are grateful for the studio's contributions and wish this talented team success in their future endeavors."