Pleo used to grow like crazy, we’re talking 100+ new employees a month, crazy. The market conditions were good, business was booming, so we needed to do more, yesterday.
And then the market conditions changed, and we needed to relook at our strategy & structure, and figure out how we could keep the same level of ambition while keeping costs to a minimum.
This restructure reduced our workforce to a size that makes sense for our vision & strategy moving forward. It has nothing to do with the potential, or performance, of our people impacted by them.