German insurer Ergo to cut 1,000 jobs by 2030, citing greater AI use

NAMPA / DPA
2026-02-17
Dusseldorf (dpa) - German insurer Ergo plans to cut around 1,000 jobs by 2030, a company spokesman said on Tuesday. Confirming a report in the Handelsblatt business newspaper, the spokesman said Ergo has agreed on the cuts with employee representatives. Redundancies for operational reasons will not be necessary, the Dusseldorf-based company believes, with the job cuts to be achieved through natural fluctuation, partial retirement and severance......
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