Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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.
Eurofound (2025), Pleo, Internal restructuring in Denmark, factsheet number 203270, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203270.