#pleo Tech News.
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The latest pleo news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks pleo across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Pleo cut around 50 staff, mostly in engineering and data, a day after unveiling AI agents that automate finance tasks. The Danish spend-management fintech said the layoffs were designed to strengthen focus and reflect new technologies. A beta of the AI agents is due in July.
Pleo announced a suite of AI agents that autonomously handle routine spend management tasks. The agents allow finance leaders to focus on strategic decisions instead of administrative work. The platform is described as Europe's first and most trusted strategic finance platform.
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