Bitcoin Suisse Workforce Restructuring
Bitcoin Suisse plans to cut half its Swiss workforce in international restructuring.
Anonymous
Key Points
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Bitcoin Suisse reported holding 3 billion Swiss francs in crypto assets under custody and 95 million Swiss francs in equity as of January 2026.
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The restructuring is being overseen by Group CEO Andrej Majcen, who has held the role since January 2024.
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Bitcoin Suisse said its future target clientele includes high-net-worth individuals, family offices and institutional clients, while initial layoffs are expected before the end of 2026.
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The company linked its changing staffing needs to more efficient work methods and technologies such as artificial intelligence, but declined to disclose the expected cost savings.
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Switzerland’s retained client-facing activities will include advisory and relationship-management services for private and institutional clients, areas the company says depend on proximity, expertise and trust.
Bitcoin Suisse plans to eliminate up to 60 of its 120 Swiss jobs and close its Copenhagen IT development site as part of a major global restructuring, Cointelegraph reported. The cuts represent half the company's Swiss workforce and mark a shift from a primarily Swiss cryptocurrency firm into an international financial-services group, with back-office work moving to lower-cost hubs in Bratislava and Vietnam.
The layoffs follow a consultation process ending September 20, 2026, with cuts expected before year's end, according to Crypto.News. Bitcoin Suisse, led by Group CEO Andrej Majcen since January 2024, cited efficiency gains from artificial intelligence and new technologies as drivers of the restructuring, not financial trouble. The company held 3 billion Swiss francs in crypto assets under custody as of January 2026.
Why Bitcoin Suisse Is Moving Jobs Overseas
Bitcoin Suisse says it needs to scale globally and access broader talent pools, CryptoBriefing reported. Back-office and software development functions will shift to Bratislava and a planned Vietnam site. The company is trying to lower costs through more efficient work methods and artificial intelligence, though it declined to reveal expected savings.
The restructuring reflects a strategic pivot from its Swiss roots. According to Reuters, the firm is consolidating software development and back-office capabilities internationally while keeping Switzerland as its wealth management and client relationship hub.
Switzerland Will Keep Wealth Management and Advisory Roles
Client-facing services remain Swiss-based. CryptoTimes noted that Bitcoin Suisse will retain advisory and relationship-management roles for private and institutional clients in Switzerland, services that depend on proximity, expertise and trust. This includes work with high-net-worth individuals, family offices and institutional clients.
The company's Swiss operations will focus on wealth and asset management for its target clientele. These roles require direct client contact and local expertise, making relocation impractical for the company's core revenue-generating business.
Bitcoin Suisse's Custody Assets and Financial Standing
Bitcoin Suisse reported holding 3 billion Swiss francs in crypto assets under custody and 95 million Swiss francs in equity as of January 2026, Crypto.News reported. The company employs around 200 people globally. These figures suggest the firm operates from a position of relative stability rather than financial distress.
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