- Bitcoin Suisse plans to relocate up to 60 of its 120 Swiss positions, primarily back-office and administrative roles, to lower-cost international hubs.
- The affected functions will move to Bratislava and a new location in Vietnam as part of the company’s global expansion.
- The restructuring supports the firm’s growth in wealth and asset management, according to a report from Swiss financial publication Finews.
Bitcoin Suisse, a Swiss crypto financial services firm founded in Zug in 2013, plans to shift up to half of its Swiss jobs abroad as it expands its international operations. The restructuring could affect up to 60 of the company’s 120 Swiss positions, primarily in back-office and administrative roles, according to a Friday report from Swiss financial publication Finews.
These functions are expected to move to lower-cost hubs in Bratislava and Vietnam, where Bitcoin Suisse plans to establish a new location in the coming years. The company UAE/news/bitcoin-suisse-annual-general-assembly-strengthens-global-expansion” rel=”noopener noreferrer”>provides crypto trading, custody, staking and lending services. Consequently, this shift aligns with its expansion of global wealth and asset management operations.
Meanwhile, the move reflects a broader trend of crypto firms optimizing costs by relocating back-office roles to lower-cost regions. However, the affected Swiss employees face potential job changes as the company restructures its workforce.
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