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  1. American coffeehouse chain Starbucks announces that is cutting 1,100 jobs across its stores in the United States as part of cost reduction measures. The company also announces that its menu will be "simplified" and shrunk by 33%.
  2. American coffeehouse chain Starbucks announces that it is cutting 1,100 jobs across its stores in the United States as part of cost reduction measures. The company also announces that its menu will be "simplified" and shrunk by 33%.

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