Electronic Arts To Fire 1,500

Electronic Arts fired

Electronic Arts announced today it lost $391 million last quarter and will lay off 1,500 employees — or 17% of its work force — by April of 2010.

Net sales for the quarter were $788 million, a drop of 12% from the previous year.

Electronic Arts expects the fiscal year to close with a net loss.

People are Twittering the layoffs across the Electronic Art empire:

EA Fire twitter 1
EA Fire twitter 2
EA Fire twitter 2

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