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German insurer Ergo plans to cut 1,000 jobs with AI inroads

AFP
AFP - news@thelocal.de
German insurer Ergo plans to cut 1,000 jobs with AI inroads
The Munich Re subsidiary, which currently employs 15,000 people, will aim to eliminate 200 posts a year. Image by aymane jdidi from Pixabay

Leading German insurance firm Ergo will cut 1,000 jobs by 2030 as it makes greater use of artificial intelligence, company officials said this week.

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