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:
Showing posts with label electronic arts. Show all posts
Showing posts with label electronic arts. Show all posts
Tuesday, November 10, 2009
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