SynopsisThe ​staff reductions are due ⁠to take effect after a consultation ​period lasting until September 20, ​the company said, confirming a report by Swiss outlet Finews.Bitcoin Suisse is cutting up to 60 of its 120 staff in Switzerland as it seeks to reorganise its business, the crypto ‌firm said ⁠on ⁠Friday."Software development and back-office capabilities ​will increasingly be consolidated in our international hubs, ​allowing us to scale faster, access broader talent pools and invest ​more effectively in our ⁠future offering," ‌the Zug-based firm ​said.The ​staff reductions are due ⁠to take effect after a consultation ​period lasting until September 20, ​the company said, confirming a report by Swiss outlet Finews.Bitcoin Suisse, which was founded in 2013 and has ‌around 200 employees globally, said it is also closing ​its IT ​development site ⁠in Copenhagen.Outside Switzerland, the company has an international hub in Bratislava and aims ​to establish another in Vietnam. It also has offices in Liechtenstein, Abu Dhabi and Bermuda. ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now