SABMiller

Stone Brewing lays off about 5% of its workers

Stone Brewing lays off about 5% of its workers

Stone Brewing Co. announced this week that it has cut “approximately 5%” — about 60 — of its 1,200 employees, a sign of the growing pressures on craft beer.

Dominic Engels, who in August succeeded co-founder Greg Koch as chief executive of the Escondido, Calif., company, was not available for comment Thursday. But in a statement he said that despite these layoffs, “Stone remains one of the largest — if not the largest — employers in the craft brewing segment.”

Yet Stone is caught between global conglomerates and small independent operations. There are now 4,800 breweries in the...

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