Generali Deutschland plans to reduce the amount of work in its German business by the equivalent of 800 jobs by the end of 2030, linking the target to technology investment and productivity gains. The company says its job and location guarantee will remain in effect through the end of that year.
The 800 figure describes workload, not a stated plan to dismiss 800 employees. Generali expects to manage workforce changes through voluntary retirement arrangements, upcoming retirements and natural turnover. It also plans to recruit people with skills it considers important for future operations.
Generali said it will invest hundreds of millions of euros in IT modernization, digitization and artificial intelligence. Its service changes have two parts: specialist expertise would be organized in centers backed by a nationwide service center, while Generali Deutschland Services would focus on insurance-related activities and outsource selected tasks.
Reuters reported that the German unit employs about 9,100 people. The planned work reduction is roughly 9% of that headcount, a comparison of workload with employee numbers rather than a forecast of dismissals.
The site changes would move Stuttgart teams to Karlsruhe, group work from Nürnberg and München in München, and bring Aachen teams together with those in Köln. The five regional centers are planned for München, Köln, Karlsruhe, Hamburg and Saarbrücken. Frankfurt, Leipzig and Berlin would remain specialist sites.
Generali said negotiations with its group works council over the measures have begun.
