Bitcoin Suisse plans to cut up to 60 Swiss positions

Bitcoin Suisse has informed its employees in Zug that it may lay off up to 60 Swiss positions after the negotiation ends on September 20th. The company has approximately 200 employees worldwide and manages assets worth over 3 billion US dollars. The backend and software positions will be transferred to the Bratislava center and new locations in Vietnam, and the first batch of layoffs are expected to be carried out before the end of the year. (Source: Bitcoin News)