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

Name: Starbucks to lay off 1,100 employees and cut drinks from its menu
Uploaded: 2025-02-25T07:40:00-0500
Duration: 1 min 53 s
Description: 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.

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.