BrewDog posts £37m loss, cuts jobs across Scottish operations

BrewDog, the Scottish craft beer company based in Ellon, Aberdeenshire, has announced major job cuts across several departments after posting a £37 million loss last year, marking its fifth consecutive year of pre-tax losses totaling £148 million. CEO James Taylor communicated the decision to staff, stating the need to "right-size" the business to focus energy and investment on core areas amid a tough and fast-changing market. The cuts are expected to impact BrewDog's head office and flagship brewery, with the trade union Unite calling the move a "deeply worrying sign for the company’s future" and pledging support for affected workers. This restructuring follows the recent departure of co-founder Martin Dickie and the closure of ten bars nationwide, including the flagship Aberdeen venue. Additionally, BrewDog recently sold its Kinrara Estate, a major rewilding project, amid criticisms over the progress and future of the initiative. The company, founded in 2007 by Dickie and James Watt, has been undergoing significant changes as it seeks to stabilize its financial position and streamline operations.