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Bitcoin Suisse Axes Half of Swiss Workforce Amid Global Restructuring

Guavy AI Editorial Team
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Bitcoin Suisse is cutting up to half of its workforce in Switzerland due to the relocation of software development and back-office functions abroad. The company plans to close its IT site in Copenhagen, maintaining its hub in Bratislava while opening a new one in Vietnam.

The job cuts are expected to affect around 60 employees, roughly half of Bitcoin Suisse's workforce in the country. Globally, the company has approximately 200 employees and manages over $3 billion in digital assets under custodial storage.

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