Bitcoin Suisse Plans to Cut Up to 60 Jobs in Switzerland

Bitcoin Suisse plans to lay off up to 60 of its 120 employees in Switzerland as part of a business restructuring. The company intends to consolidate software development and back-office functions into international hubs to improve efficiency and product investment. The layoffs are expected to take effect after a consultation period ending September 20, and the firm will close its IT development site in Copenhagen.