June 12, 2026

Pleo layoffs hit engineers a day after it launched finance AI agents

three men laughing while looking in the laptop inside room
Priscilla Du Preez 🇨🇦 / Unsplash

On 11 June, Pleo told finance teams that AI agents would soon free them from administrative work. The next day came the Pleo layoffs: the Danish spend-management fintech had cut around 50 of its own staff, most of them in engineering and data. The pr...