Business

Munich Re Unit to Cut 1,000 Positions As AI Takes Over

3 weeks ago01 mins

📖
1 min read • 30 words

Munich Re’s primary insurance unit Ergo aims to cut about 1,000 positions in Germany, partly as a result of its increased use of artificial intelligence.

a sign that is on the ceiling of a train — Image: Winston Tjia / Unsplash

Source: Bloomberg

Related News

A stall displaying Trump 2020 merchandise including shirts and signs at an outdoor market.

Trump admin announces $20 billion reinsurance program for oil tankers during Iran war

6 days ago 0

a black computer mouse

Disney launches its Adventure cruise ship — a new foothold in Southeast Asia

7 days ago 0

a screen shot of a website with spanish and spanish words

‘No to war’: Spain PM hits back over Trump’s threats to cut trade over military base access

7 days ago 0

Close-up of a person holding a home insurance policy on a clipboard, captured indoors.

Japan Post Insurance to Shift to High-Yield Bonds as Rates Rise

1 week ago 0