Royal Mint laying off 80 employees

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a community supported watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Register a free account to join the discussions. When you register an account and log in, you may enjoy additional benefits including access to market data/charts and additional members only rooms (including one for trade/barter with the community).

pmbug

pmbug

Your Host
Administrator
Benefactor
Messages
21,110
Reaction score
8,839
Points
268
Location
Texas
United-States
A number of employees at the Royal Mint in Llantrisant will lose their jobs as part of a strategy to secure its future.

It is understood about 80 roles are affected at the Rhondda Cynon Taf site, with mostly central support roles impacted.

In a statement, the company confirmed it is consulting with a number of employees as "part of a strategy to secure the long-term future of The Royal Mint".
...
Click to expand...

www.bbc.co.uk

Royal Mint: Redundancies confirmed at Llantrisant site

It is understood about 80 roles are affected as part of a strategy to secure the site's future.
www.bbc.co.uk

It's not clear what the real reason for the layoffs is. Are they downsizing in anticipation of transitioning to a CBDC (no longer needing legal tender coin)? Are they winding down gold and silver minting operations?
 
iu
 
You must log in or register to reply here.
Back
Top Bottom