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Allianz to cut up to 1,800 jobs due to increasing AI use

Illustration shows Allianz logo · Reuters

July 8 (Reuters) - Allianz's ‌travel insurance ‌division will ​cut up to 1,800 jobs ‌due ⁠to the growing ⁠use of ​AI, ​said Tomas ​Kunzmann, ‌CEO of Allianz Partners, on Tuesday evening, ‌confirming ​an ​earlier ​Reuters ‌report.

(Reporting by Alexander ​Huebner, ​writing by ​Linda ‌Pasquini, editing ​by Kirsti ​Knolle)

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