Allianz is preparing to reduce jobs at its assistance and travel insurance unit, Allianz Partners, as the company increases its use of artificial intelligence, according to multiple reports. Bloomberg and Reuters-cited coverage say Allianz Partners plans to eliminate between about 1,500 and 1,800 positions from a workforce of roughly 23,000. The job reductions are linked to the company’s effort to automate parts of customer service work, particularly call-centre and related roles that previously required human staff. Channel NewsAsia and other outlets report the changes are tied to growing AI adoption and operational adjustments within the unit. MarketWatch similarly reports the planned cuts would come from Allianz Partners and fall in a range of 1,500 to 1,800 jobs. PYMNTS also cites comments attributed to Allianz CEO Tomas Kunzmann in describing the shift toward AI and the expected workforce impact. The reports present the moves as part of Allianz’s broader push to implement AI solutions in its assistance and travel businesses, with the stated target reductions focused specifically on Allianz Partners.
Allianz Partners plans to cut up to 1,800 jobs as it expands AI use
Allianz is preparing to reduce jobs at its assistance and travel insurance unit, Allianz Partners, as the company increases its use of artificial intelligence, according to multiple reports. Bloomberg...
- Allianz Partners, Allianz’s assistance and travel insurance unit, plans to cut jobs.
- Reported reductions range from about 1,500 to 1,800 roles.
- The cuts are linked to Allianz’s increased use of artificial intelligence and automation.
- The unit’s workforce is reported to be close to 23,000 positions.
- Reports describe the changes as affecting work previously handled by people, including call-centre functions.
Allianz is planning to cut hundreds of jobs as it focuses on implementing artificial intelligence, Bloomberg News reported Wednesday (July 8), citing comments from CEO Tomas Kunzmann. The layoffs will target the German financial services company’s assistance and travel arm Allianz Partners, the report said. The cuts, which the company expects to come in the […] The post Allianz Plans to Cut Over 1,500 Jobs as AI Focus Increases appeared first on PYMNTS.com.
1 month agoAllianz Partners will axe between 1,500 and 1,800 roles from its workforce of close to 23,000
1 month agoThe job that AI seems keenest to take is the one on the other end of the phone. Allianz, the German insurance giant, is preparing to cut as many as 1,800 roles in its travel arm as automated systems take over work that used to need a person, according to Reuters. The figures are oddly […] This story continues at The Next Web
1 month agoAllianz SE plans to eliminate hundreds of positions at its assistance and travel insurance subsidiary Allianz Partners as the company pushes forward with implementing artificial intelligence solutions.
1 month ago
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