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To reconstruct business plan, Deutsche Bank cuts 18,000 jobs

Deutsche Bank is planning to restart some of its business operations, and for that, the German Bank has eliminated its teams in Asia and Australia. By 2022, Deutsche Bank is planning to reduce its global workforce. The bank is going to withdraw from trading shares related areas concentrated in NYC and London. The officials said that they need to make some 'uncomfortable decisions' that will impact people's lives profoundly.