https://layoffcheck.com/companies/pleo Layoff and WARN notices reported for Pleo. en-us https://layoffcheck.com/companies/pleo#2025-11 https://layoffcheck.com/companies/pleo#2025-11-199 Wed, 19 Nov 2025 12:00:00 GMT Pleo laid off around 100 employees, about 12% of its 800-plus workforce, during September and October 2025 as the Copenhagen-based expense management company overhauled its go-to-market strategy. The cuts fell hardest on the commercial division, including senior leadership roles, and on SMB client-facing teams, with the UK office particularly affected. In a statement, Pleo said it was "making changes to our go-to-market strategy as we seek to take advantage of the enormous opportunity we see in key markets across Europe," adding that the restructuring would let the business "accelerate its growth through investment in our product offering and go-to-market technology." The company had raised more than $430 million at a peak valuation of $4.7 billion, though Kinnevik later wrote its stake down to roughly $1.62 billion. Revenue grew 37% year over year in 2024. No severance details were disclosed. https://layoffcheck.com/companies/pleo#2022-11 https://layoffcheck.com/companies/pleo#2022-11-2860 Thu, 03 Nov 2022 12:00:00 GMT Pleo reported a workforce reduction in Copenhagen in November 3, 2022.