German Insurer Ergo Plans to Lay Off a Thousand Employees, Replacing Them with Ai

Lietuvos Radijas ir Televizija

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Ergo, one of Germany's largest insurance companies, will lay off a thousand employees by 2030 as it plans to increasingly use artificial intelligence, company representatives announced on Tuesday.

Deutschlandfunk

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The insurer Ergo wants to reduce about 1,000 jobs by 2030.

derwesten.de

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The insurer Ergo wants to remove around 1,000 jobs by 2030. The increased use of AI also plays a role in the company.

Herbert Frommes Versicherungsmonitor

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The Munich Re subsidiary Ergo intends to remove 1,000 jobs in Germany over the next five years. The Düsseldorf insurer has agreed with the employee representatives on this. Company-related dismissals and site closures are excluded. Further employees whose jobs are to be cancelled are to be retrained. Handelsblatt first reported about this. The measure is part of the future program "Ambition 2030" of Munich Re, which provides for cost savings of …

Handelszeitung

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The job reduction is part of a savings program of the parent company Munich Re.

aachener-zeitung.de

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Ergo focuses more on artificial intelligence and wants to retrain many employees. Company-related dismissals are excluded by 2030.