Summary
Brewdog has announced job cuts after reporting a £37 million loss for the past year. The company has been experiencing financial losses for five consecutive years and has not disclosed how many jobs will be affected. This follows leadership changes and the sale of a rewilding estate.
Key Facts
- Brewdog reported a £37 million loss last year.
- This marks five consecutive years of financial losses, totaling £148 million.
- The number of job cuts has not been disclosed, but staff were informed via email.
- Co-founder Martin Dickie recently left the company.
- Brewdog has closed 10 bars in the UK earlier this year.
- Brewdog sold the Kinrara rewilding estate, originally bought for £8.8 million.
- Critics noted that trees planted on the estate did not thrive, and planned developments were sold.
- The company is known for its craft beers and has locations worldwide, including about 60 pubs in the UK.
