Starbucks is reportedly planning to lay off about 5 percent of its global corporate workforce.

According to  several reports , the coffee giant's CEO Kevin Johnson announced the decision in a memo Tuesday.

The memo reportedly said 350 employees in marketing, creative, product, technology and store development will be affected by the layoffs.

Back in September , Starbucks said it would cut some of its corporate staff as part of "significant" organizational and leadership changes.

The company has struggled with stagnant sales for some time now.

As a result, it's had to cut back on store growth and close underperforming stores.