The Royal Mint Layoffs

In an effort to ensure its long-term success, the British Royal Mint in Llantrisant has confirmed that it will lay off a number of employees. Approximately 80 positions at the Rhondda Cynon Taf site, primarily central support roles, will be affected. This measure aims to streamline the mint’s efficiency and eliminate redundancies. “The loss of jobs will mean a significant loss of skills, knowledge, expertise, and manpower within the organization,” says Fran Heathcote, general secretary of the Public and Commercial Services Union (PCS). “PCS will actively work to support our members and work alongside sister unions during this period.” The Royal Mint emphasized that it aims to treat these employees with respect and look after their wellbeing during the process.

The Royal Mint is the official producer of coins in the United Kingdom and employs over 900 people. It was located in the Tower of London for 500 years and moved to Llantrisant in 1968 under Queen Elizabeth II. The headquarters occupies over 30 acres and houses some of the most advanced coining machinery in the world. It has the largest capacity of any mint in western Europe.