According to CoinMeta, Bitcoin Suisse stated to Chug employees that after the negotiations on September 20th, up to 60 Swiss positions might be cut. The company has approximately 200 employees globally and manages assets worth over $3 billion. Back-office and software-related positions will be transferred to the Bratislava center and a newly established location in Vietnam, with the first round of layoffs expected to take place before the end of the year.