After going into administration on 2nd March, the fallout for BrewDog’s investors, employees and reputation has been rapid and calamitous. The collapse led to the company being acquired by US beverage firm Tilray, saving some jobs but leading to 484 redundancies and the closure of 38 UK bars. Crucially, the “equity punks” – around 200,000 crowdfunding investors – have lost their investments, while co-founders James Watt and Martin Dickey had already exited with significant personal gains after selling shares in 2017.

In this episode of WJH Shorts, Tamara Littleton and Kate Hartley explore the broader impact of an ever-growing gap between BrewDog’s original narrative and its eventual reality. Once positioned as a disruptive, community-driven brand, it later faced allegations of toxic culture, misleading PR tactics and broken promises. Tamara and Kate discuss early warning signs, including staff whistleblowing and a BBC documentary that exposed deeper issues within the business.

The crisis is now unfolding publicly, particularly on LinkedIn, where Watt has been actively responding to criticism and engaging in a visible dispute with Tilray’s CEO. This reflects a broader shift in how corporate crises are now communicated and contested in real time, and the question of the disconnect between words and actions, and who bears the real cost when a brand’s story unravels, need to be addressed.

A full transcript of today’s show is available to read here.