Another Activision studio closes down

Despite having some of the most successful franchises in the gaming industry today, Activision isn’t totally immune to the current economic crisis. After allegedly shutting down 7 Studios yesterday, Activision is putting another one of their studios on the chopping block. According to anonymous Kotaku tipsters, the Activision-owned Shaba Games has been the latest victim of the economic recession. The Spider-man: Web of Shadows developer had 30 employee lay offs earlier today, precipitated by sluggish sales of Guitar Hero 5, suggests one of the tipsters.

It’s not a good time to be working under Activision right now, with the spectre of a lay off hanging overhead. Here’s hoping Modern Warfare 2 sells enough units to stave off another studio shutdown. Like that’s not going to happen..