Lagunitas Reducing Headcount by 12% Amid Difficult Environment

Dear Client:Tough news out of Lagunitas today, who is apparently making the hard choice that many brewers have had to make this year, from Summit to New Belgium to MillerCoors and more. Lagunitas CEO Maria Stipp told CBD that the company is "reducing employee headcount by 12% across departments" -- primarily in non-commercial roles. "We don't take this lightly, and are making every effort to do it the right way," she said. Looking at IRI numbers, things don't seem that