FinanceDK

Pleo Layoffs

November 2025

Pleo announced a layoff affecting 100 employees (12% of its workforce) in November 2025. The company operates in the Finance sector.

People Affected

100

Percentage

12%

Announced Date

Nov 19, 2025

About

Danish spend management startup Pleo has laid off approximately 100 employees, representing a small percentage of its total workforce, as part of a restructuring effort tied to changes in how it launches new products and services. The job cuts, which occurred across September and October 2025, primarily affected commercial teams, including leadership roles, and staff working with small and medium-sized business clients, with the UK division among those impacted. Operating in the European fintech sector, Pleo is adjusting its strategy to streamline operations amid evolving market conditions.