
Starbucks is laying off workers and paring back the menu as it tries to turn the business around
By Nathaniel Meyersohn and Maria Sole Campinoti, CNN New York (CNN) — Starbucks announced Monday it will lay off over 1,000 corporate workers and cut complex and unpopular drinks from its menu in an effort to turn around lagging sales and revamp the coffee chain. Starbucks is cutting some…