Exchanges· ★★★· bearish·

Bitcoin Suisse to cut up to half of Swiss staff

  • The move will affect up to 60 jobs in Zug
  • Some positions will relocate to Bratislava and Vietnam
  • The company is refocusing on global wealth management
Why it matters: Job cuts at a Crypto Valley pioneer reflect pressure on Swiss crypto players and the relocation of jobs to lower-cost regions.
Source: Decrypt