A well-known pub chain is set to close 38 establishments nationwide, resulting in 484 employees losing their jobs. BrewDog made the decision to shut down these sites after they were excluded from a £33 million rescue deal by US company Tilray, as confirmed by administrators overseeing the process for the Scottish brewery. The closures will lead to the significant job losses.
The Aberdeenshire-based brewery and pub group, famous for its craft beers like Punk IPA and Elvis Juice, ceased operations at all its pubs on Monday to finalize the sale process. The consultancy firm AlixPartners was brought in to manage the sale back in February.
In an email to staff, BrewDog’s CEO, James Taylor, informed them that the pubs would be closing the following day. Taylor expressed understanding of the challenging circumstances and assured that all employees would receive direct communication regarding the next steps. The company planned to host company-wide All Hands calls on Monday to address all employees throughout the business.
To accommodate the staff meetings and comply with potential ownership changes affecting licensing, BrewDog decided not to open any of its bars on Monday. Additionally, all food and beer deliveries were canceled, along with customer bookings for the day.
Established in 2007 by friends James Watt and Martin Dickie, BrewDog operates approximately 100 bars globally and manages four breweries. The company refrained from providing any comments on the matter on Monday.
