Starbucks to cut corporate jobs as CEO continues overhaul of coffee giant

1. Starbucks plans layoffs to restructure its corporate staff. 2. CEO Brian Niccol emphasizes need for clear ownership and decision-making. 3. Layoffs won't affect baristas; communication expected by early March. 4. Starbucks has 16,000 corporate employees, facing disappointing sales and competition. 5. The company's leadership aims to reduce complexity and improve efficiency.