Zug

Bitcoin Suiss

2026-09-15 11:32:01

Bitcoin Suisse may cut up to 60 jobs in Switzerland after consultation period

Bitcoin Suisse may eliminate as many as 60 positions in Switzerland after a consultation period ending on Sept. 20, according to a post shared by Bitcoin News on X. The company has told employees in Zug that the planned cuts could affect its Swiss workforce, while some back-office and software roles are set to move to its existing center in Bratislava and a new site in Vietnam. Founded in 2013, Bitcoin Suisse has around 200 employees globally and holds more than $3 billion in assets under custody. Majcen said the move is intended to support international expansion by making use of lower-cost locations, and is not a response to market conditions. The first wave of layoffs is expected before the end of the year.

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Bitcoin Suiss

2026-09-14 09:03:21

Bitcoin Suisse Plans to Move Up to 60 Swiss Jobs Overseas as It Expands Global Wealth Push

Bitcoin Suisse, one of the early firms in Switzerland’s Crypto Valley, is preparing to shift as many as 60 positions out of its Zug headquarters as it remakes itself from a Switzerland-focused crypto specialist into a broader global wealth manager. In comments reported by Finews, the company said back-office and administrative roles will be affected most, with those functions set to move to Bratislava, Slovakia, or to Vietnam, where it plans to establish a new site in the coming years. Employees were informed at a Friday morning town hall, and the final number of job cuts will be decided after a 10-day consultation period. Bitcoin Suisse told Finews that the first layoffs are expected before the end of the year. Group CEO and co-founder Andrej Majcen said the move is primarily about cost, arguing that the same services can be delivered much more cheaply in Bratislava and Vietnam, not because of the current crypto downturn. Founded in 2013, the company first built its business in crypto trading and custody, later adding staking and lending. It is now targeting wealthy private clients, family offices and institutional investors, while keeping Zug as its headquarters and retaining the Bitcoin Suisse brand. The firm has also secured regulatory approvals in Liechtenstein, Bermuda and Abu Dhabi as part of that expansion.

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