Bitcoin Suisse Announces Job Cuts as It Shifts Operations Overseas
Bitcoin Suisse is planning to cut up to half of its Swiss-based jobs by relocating back-office and administrative roles to Bratislava, Slovakia, or Vietnam. The move aims to reduce costs while the company transitions from a Switzerland-focused crypto firm into a global wealth management business. Founded in 2013, Bitcoin Suisse has expanded beyond trading and custody services into staking and lending but now seeks broader financial offerings for private clients and institutional investors. CEO Andrej Majcen emphasized that international growth is their new priority, supported by regulatory licenses obtained across Liechtenstein, Bermuda, and Abu Dhabi. The company claims the shift isn't related to the crypto market downturn and asserts it has sufficient resources to weather current challenges. The exact number of job cuts will be finalized after a 10-day consultation period.
Topics: Bitcoin Suisse global expansion layoffs restructuring