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

By Thomson Reuters Jul 8, 2026 | 6:03 AM

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)