Prince Harry and Meghan Markle’s Archewell brand is on the verge of collapsing after losing one of its key staffers.
On Monday, December 29, Chief of Archewell Philanthropies James Holt announced that he has quit his role at the charity.
According to reports in Page Six, Archewell Philanthropies has been left with only one employee, and discussions of the sale of the foundation are being done.
"They’ve essentially shuttered Archewell," a mole told the outlet.
"Anyone still there is simply an enabler, enamored with what the couple once was, not who they are today," claimed another source close to the couple. "From a year ago, they have decreased their staff by at least 80-85 percent."
A source told the outlet that if Meghan’s Netflix show, With Love, Meghan, doesn’t get renewed, their staff’s jobs will be in danger.
They said, "If Meghan’s Netflix show isn’t picked up for another season then what happens to their staff?"
In his statement announcing the resignation, Holt told People, "After five incredible years in Los Angeles, it’s time for my family to return to London."
"When I pass the baton to the team leading Archewell Philanthropies in the coming months, I’ll do so with immense pride and optimism for what lies ahead," Holt added.