Type
Internal restructuring
Country
Denmark
Region
Danmark; Hovedstaden; Byen København
Location of affected unit(s)
Sector
(64 - 68) Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64.2 - Activities of holding companies and financing conduits
64.21 - Activities of holding companies

100 jobs
Number of planned job losses
Job loss
Announcement Date
1 September 2025
Employment effect (start)
1 September 2025
Foreseen end date

Description

Danish fintech company Pleo is laying off 100 employees at its Copenhagen office, representing 12.5% of its total workforce of 850. The layoffs have been initiated, with no official end date announced. They will mainly affect the company's commercial department.

There is currently no mention of whether workers' unions are involved in the dismissal process or what it will look like.

By shifting focus from direct sales to strategic partnerships, the restructuring aims to accelerate business growth.

CEO and founder Jeppe Rindom stated that instead of using human resources, Pleo will rely on its product and technology to serve smaller customers, with the aim of increasing its customer base to 120,000.


Sources

Citation

Eurofound (2025), Pleo, Internal restructuring in Denmark, factsheet number 203270, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203270.