The news: Starbucks plans to lay off 1,100 employees—roughly 7% of its corporate workforce—as part of CEO Brian Niccol’s plan to streamline operations and improve efficiency.

• The company will also eliminate hundreds of open and unfilled positions.
• The cuts will not affect Starbucks baristas.

In other news: Starbucks isn’t just cutting its workforce. It’s also in the process of reducing its US food and beverage menu by about 30%, with the aim of getting rid of drinks that don’t sell well, are too hard to make, or are too similar to other products.