UPDATE 2-Autodesk beats Street, cuts jobs, shares rise

* Reports net loss vs year-ago profit

* More job cuts, restructuring

* Results beat Wall Street expectations

* Shares rise 13 pct in after-hours trade (Recasts, adds details on forecast)

LOS ANGELES, May 21 (Reuters) - Engineering software maker Autodesk Inc (ADSK.O) beat Wall Street's quarterly earnings expectations and announced new job cuts to save money on Thursday, sending its shares up 13 percent after hours.

The company, which said in January it would cut 750 jobs, or about 10 percent of its workforce, is to cut a further 430 jobs and close some facilities, taking restructuring charges in the second and third quarters.

Autodesk, which lost its chief executive Carol Bartz to Yahoo Inc (YHOO.O) earlier this year, reported a net loss of $32.1 million, or 14 cents per share, compared with a net profit of $94.6 million, or 41 cents per share, in the year-ago quarter.

Excluding certain items, it reported a profit of 18 cents per share. Wall Street was expecting 8 cents per share profit, on average. according to Reuters Estimates.

Sales fell 29 percent to $426 million, but still beat analysts' average forecast of $419 million.

Autodesk said its restructuring would mean charges of about $33 million to $40 million to be taken in subsequent quarters.

It forecast a net loss of 3 cents per share to 9 cents per share for the fiscal second quarter. Excluding costs of the restructuring and other items, it forecast a profit of 15 cents to 20 cents per share. On that basis, Analysts are expecting 14 cents per share profit, on average.

Autodesk shares rose $2.41 after-hours to $21.24 from their close of $18.83 on Nasdaq. (Reporting by Bill Rigby; Editing by Gary Hill and Gunna Dickson)