Prince Charles' charity is to cut 100 jobs.
The Prince's Trust, which was set up by the Prince of Wales to support disadvantaged young people in 1976, will axe 100 staff members after experiencing a £2.8 million funding shortfall last year.
All of the charity's 1,300 employees are being consulted about the impending redundancies.
Prince's Trust chief executive Martina Milburn confirmed the plans, telling BBC Radio 4: "Our head office has become a little too complicated and a bit too top heavy so we are basically slimming down head office and protecting our frontline delivery in order to get ourselves back to sort of break-even budget.
"We are looking at how, as a charity, our admin costs are as low as possible and our money going directly to young people is as much as possible.
"We are currently undergoing a period of consultation but we think it will be between 50 and 100 jobs so we will be going down from 1,300 to about 1,200."
Martina claims the 65-year-old royal heir is "well aware" of the plans and is backing the decision so the charity's support of young people isn't affected.
The CEO added: "The prince understands basic finances and how you need to make sure that you spend as small amount as you can on administration when you are a charity."
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