Artificial Intelligence (AI) is improving job opportunities in Spain. Allianz Partners – a subsidiary of German insurance giant Allianz – today announced to worker representatives that it is considering reducing its workforce by 20%, which would mean cutting about 320 jobs. The main reason given by the company is that the advent of artificial intelligence will allow us to automate and digitize many tasks.
In the meeting held this morning between managers and union representatives, it was made clear that these results will be implemented between 2026 and 2027. The formula that will be used has not yet been clarified. According to company sources, “We are trying to make it as less traumatic as possible.”
Allianz Partners is committed to providing travel and accident insurance assistance services. This year completed the integration of Multiasistencia, which was acquired in 2018.
Job opportunities for this company are not available in Spain. The company has more than 20,000 employees in 75 countries, and has announced a reduction in its workforce that will affect between 1,500 and 1,800, over the next 12 to 18 months, based on information provided by specialized media. Insurance times.
At Allianz Partners, more than two-thirds of its employees handle customer consultations and complaints by phone, a type of job that is increasingly being replaced by virtual assistants.
“As technology revolutionizes our sector, we are evaluating how we can strengthen our position as sector leaders by leveraging artificial intelligence and actively evaluating how these changes will impact us all in the years to come,” the company explains in a statement.
Spanish union members wonder that the only concern of the Allianz group is “to achieve a global benefit for the group worth 20 thousand million euros for the year 2030, even though this means cutting thousands of jobs along the way.” They also remember that even if they tried to modify the plan with drawbacks and reduced incentives, “if they didn’t reach the expected numbers, they would be left naked.”
In the United States, many companies have announced hiring adjustments linked to the AI revolution. This is the case for HP, Amazon, Apple, and Meta.
In recent years, with the remarkable emergence of the ChatGPT algorithm – developed by OpenAI – and the entry of other competitors into this field of artificial intelligence, a thousand-million-year career of being the leaders of this technology has been produced. This year, OpenAI (with the participation of Microsoft), Meta, and Amazon (with its subsidiary AWS for storage and cloud computing) have invested more than 400 thousand million dollars (about 350 thousand million euros) in new data centers and infrastructure related to artificial intelligence. Its main supplier was the microchip manufacturer Nvidia, which became the most valuable listed company on the planet.
This reflective noise and hype has its opposite. Increasingly, more institutions and experts warn against making a big fuss, and that valuations of companies developing artificial intelligence are justified if these algorithms improve productivity and produce tangible benefits for companies that contract for these services. In this facet of artificial intelligence, the most vulnerable part are the workers who develop tasks that, according to business standards, could be assigned to computer algorithms.
From Allianz Partners España, he emphasized that in this digital transformation, “we do not intend to be the first to adapt at any cost, but we aspire to make these changes with humanity, respect and seriousness for all the people who make up the company”.