Switzerland's Bitcoin Suisse Trims Staff Amid International Expansion

Bitcoin Suisse is set to cut up to 60 jobs in its home market of Switzerland as it restructures from a primarily Swiss company into an international financial services group.

The Zug-based provider has stated that this move will affect up to half of its 120 Swiss employees, with the reductions concentrated on support and development functions rather than customer-facing roles.

The company is consolidating software development and back-office functions within international hubs, which will remain part of an ongoing consultation process until September 20.