Analyst: Even if headcount loss doubles, IW will stay competitive

Infinity Ward may lose up to 20 additional employees and still stay competitive, Wedbush analyst Michael Pachter believes.

Following a ~2% decline in Activision’s stock value yesterday, Pachter commented: “We think that recent Activision share weakness has been compounded by additional departures at Infinity Ward which accelerated this week, and we expect another 10-20 employees to depart over the next few months.”

Even when combined with the veteran developers it’s lost so far, however, Pachter expects the Modern Warfare developer to stay competitive.

“In our view, the company will likely replace the departed employees with skilled developers, and while increased competition may impact sales of future versions of Modern Warfare, we expect the company to put out a competitive product” — that product being Modern Warfare 3.

Since Activision dismissed studio heads Jason West Vince Zampella early last month, Infinity Ward has lost a total of thirteen employees, nine of whom have departed this week.