Bitcoin Suisse Cuts 60 Swiss Jobs in Global Reorganization
Bitcoin Suisse is undergoing significant changes, planning to cut up to 60 of its 120 positions in Switzerland and close its Copenhagen development site. The company will also concentrate more of its software development and administrative functions outside Switzerland, moving them to international hubs.
The restructuring is part of Bitcoin Suisse's move from a mainly Swiss crypto company toward an international financial services group. Despite the proposed reductions, the company plans to keep Zug as its headquarters and center of its wealth management business.
Bitcoin Suisse will also establish another hub in Vietnam, replacing Copenhagen. The company has not disclosed the planned location, opening date, staffing level, or investment attached to the proposed Vietnamese operation.