Bitcoin Suisse Plans to Cut Up to 60 Swiss Jobs

Bitcoin Suisse has informed its Zug employees that it may cut up to 60 jobs in Switzerland, with negotiations set to conclude on September 20. Founded in 2013, the company has approximately 200 employees globally and manages assets exceeding $3 billion. Backend and software positions will be relocated to the Bratislava center and a newly established site in Vietnam, aiming to leverage lower local costs to support international expansion, not due to market conditions. The first round of layoffs is expected to occur before the end of the year.

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