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.

Last month, Starbucks said it would begin to "optimize" menu offerings, resulting in a 30% reduction in both beverage and food items by the end of the fiscal year. Starting March 4, a selection of ...

According to the release, Starbucks said goodbye to drinks that are “not commonly purchased, can be complex to make or are similar to other beverages on our menu.” This change officially went ...