BlackBerry is going to eliminate 40 percent of its staff by the end of the year as it morphs into a juice bar. [Wall Street Journal]
Two MySpace alumni are learning what it’s like to work for successful tech companies. [New York Times]
“I don’t feel euphoric on the up, and I don’t slit my wrists when it goes down,” says Tim Cook in a, uh, revealing interview about Apple’s stock price and the state of the company. [Bloomberg BusinessWeek]
YouTube gaming network Machinima is cutting 10 percent of its staff. [AdWeek]
Netflix (NFLX), which has been riding the wave of good news lately, is actually shutting down a DVD distribution center in Montana. [The Montana Standard]