Scottish brewer and pubs chain has announced Job cuts across “several departments” as the new management team attempts to turn round the loss-making business.
Staff received an email on Friday revealing the need to make redundancies. This is is likely to see “major cuts” at its head office, according to Unite the Union..
CEO James Taylor said it was “operating in a tough and fast-changing market” and had reviewed its structure.
“As a result, we’ve made the difficult decision to right-size parts of the business,” he said.
“These changes have affected a number of roles across several departments. Impacted individuals and teams have now been informed, and we’re working closely with them to manage the transition with care and support.
“We know change can feel unsettling, and we don’t take these decisions lightly. But we are confident that the steps we’re taking now will help us operate more simply, stay focused, and drive the business forward.”
The business update said staff members with any questions should contact their manager or a member of the leadership team.
Last month the company confirmed it lost £36.6 million last year, down from £59.2m in the previous year.
Its largest shareholder, private equity investor TSG Consumer Partners, has agreed to lend the company a further £20m.
Unite the union said the job losses were a “deeply worrying sign” for the company’s future.
“After weeks of uncertainty, this is a deeply worrying sign for the company’s future. We shall be supporting all affected members to secure everything they’re entitled to.”
On Thursday the company announced it had sold the near-10,000 acre Kinrara Estate near Aviemore which it bought for £8.8m in 2020 and where it had planned to plant a million trees in a project called the “Lost Forest”.
Two months ago co-founder Martin Dickie announced his departure from the company for “personal reasons”. He has set up a new business.
Mr Dickie set up the business in 2007 with James Watt, who stepped down as chief executive in 2024.
In June, the craft beer chain announced that it had closed ten of its bars because they were deemed “no longer commercially viable.
The restructuring included shutting its flagship bar on Aberdeen’s Gallowgate, the first bar opened by the company in 2010.
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