According to this Develop report, Activision may be about to close Underground Developments, the team currently working on the PS3 version of Quake Wars. From the piece:
One of Activision's internal development teams, the California-based Underground Developments, is to be closed according reports emerging today.
Details sent to Develop this morning echo a report by industry gossip blogger Surfer Girl from last night which claimed the studio will be shut down at the end of the month once work on the PS3 version of Enemy Territory: Quake Wars is done.
Not so great. More on this soon.