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Bitcoin Suisse Axes Half of Swiss Workforce Amid Global Expansion Plans

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Bitcoin Suisse, one of the pioneers in Swiss crypto, is undergoing a significant restructuring. The firm announced on September 11, 2026, that it will cut up to 60 positions in Switzerland as part of its move to cheaper locations overseas.

The cuts represent roughly half of Bitcoin Suisse's 120-person Swiss workforce. The company has decided to consolidate back-office, administrative, and software development roles into hubs in Bratislava, Slovakia, and a newly established office in Vietnam. Its IT development office in Copenhagen is also closing.

Bitcoin Suisse CEO Andrej Majcen framed the restructuring as an offensive play rather than a defensive one. The move is about international growth, not a reaction to crypto market conditions, according to Majcen.

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