Electronic Arts reports $391 million loss, plans to cut 1,500 jobs

[NJ5]

A few facts:

- Before February, EA had 10,000 employees... after these two rounds of layoffs, they'll have 7400, or 26% less.
- This is at least the sixth straight quarterly loss, according to their Google Finance page.
- It's a bigger loss than in the last quarter, and also bigger than the same quarter last year.

EDIT - I just remember they laid off 540 people last year, so actually the job cuts since then are 30%:

http://www.gamespot.com/news/6200329.html