(CNN) — Beefeaters , the Yeoman Warders who live and work at the Tower of London , are facing job losses for the first time in their 500-year history. John Barnes, HRP's chief executive, said visitors generate 80% of the organization's income, and coronavirus measures have dealt a "devastating blow" to its finances. The Tower was closed to visitors during the coronavirus lockdown. There is likely to be a compulsory redundancy scheme in the future, according to the statement. The Yeoman Warders were formed after the 1485 Battle of Bosworth on the order of King Henry VII, according to the Royal Family website.

Source: CNN July 20, 2020 15:44 UTC