eBay has announced that it will be laying off 10% of their workforce and that while they do expect to hit their third quarter forecast it will be at the low end.
The cutbacks means about 1,000 employees and several hundred temporary workers will be out of a job.
Last December Klausner Technology sued Apple, eBay, AT&T, Comcast and Cablevision over patent infringement over its visual voicemail technology.
All but Comcast and Cablevision have agreed to settle the case and Klausner reports that they are currently in talks with Comcast and Cablevision so this whole thing should be over soon.
No terms of the settlements or licensing deals have been disclosed.