Key Takeaways Bitcoin Suisse is cutting up to 50% of its Zug workforce to move back-office functions to Slovakia and Vietnam. UBS and Swiss Life are also slashing thousands of Swiss roles as domestic costs pressure financial services. CEO Andrej Majcen plans to scale internationally beyond crypto using new licenses in Liechtenstein and Abu Dhabi. Cost-Cutting Drives Relocation Swiss cryptocurrency pioneer Bitcoin Suisse is restructuring its business model and expanding internationally, a strategic shift that could cost up to half of the jobs at its headquarters, the company confirmed. The Zug-based firm plans to relocate a significant share of its …


