Allianz to cut up to 1,800 jobs due to increasing AI use
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11 Articles
Insurance company Allianz plans to eliminate hundreds of positions in its subsidiary of assistance and travel insurance, Allianz Partners, as the company advances in the implementation of artificial intelligence solutions (IA). The cuts, which must take place through termination agreements, early retirements and similar options, will total between 1,500 and 1,800 vacancies across Europe, said the CEO of the unit, Tomas Kunzmann, at an event held…
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI
Allianz layoffs: German insurance giant to cut up to 1,800 jobs amid growing use of AI - Tech Startups
Artificial intelligence is claiming another wave of white-collar jobs. German insurance giant Allianz plans to eliminate up to 1,800 positions in its travel insurance business over the next 12 to 18 months as it automates more customer service and claims […] The post Allianz layoffs: German insurance giant to cut up to 1,800 jobs amid growing use of AI first appeared on Tech Startups.
Mass layoffs at Allianz, one of the giants of the insurance sector! The company, which has approximately 6.8 million customers in Turkey, will lay off 1,800 employees.
Allianz Partners has announced the reduction of up to 1,800 jobs across Europe in line with their strategy for the implementation of artificial intelligence in their business, which accounts for 8% of the total workforce of Allianz’s subsidiary. Allianz Partners CEO Tomas Kunzman announced the news at an event in Munich where he reported that this cut-off plan, planned for 1,500 to 1,800 workers, will have options such as early retirements or ne…
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