Starbucks is laying off 1,100 workers, CEO Brian Niccol said in a companywide message that was made public Monday. The coffee chain is taking the action under its "Back to Starbucks" restructuring ...

CEO says layoffs would not affect in-store teams Shares up 2% in afternoon trade Company to remove less popular beverages, in line with turnaround plans Feb 24 (Reuters) - Starbucks (SBUX.O ...