Starbucks to lay off 1,100 employees and cut drinks from its menu

Starbucks to lay off 1,100 employees and cut drinks from its menu – CBS News

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Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O’Grady has more on what’s driving the changes.

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