Currently around 2,000 staff work at Allianz Technology in Germany, the company said. Staff have until October to accept a buyout offer, Allianz said.

Sueddeutsche Zeitung reported last month that Allianz was planning to cut a total of almost 1,300 jobs, some of which have already gone as a result of early retirement.

(Reporting by Alexander Huebner; writing by Edward Taylor; Editing by Georgina Prodhan)