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Deutsche Bank is in the midst of a difficult austerity program to try to balance accounting after several years of losses. By the end of 2022, the bank plans to reduce the number of full-time jobs by around 18,000 employees, to 74,000 worldwide. Since the 2008 crisis, which shook the foundations of financial system, Deutsche Bank has been going through a constant crisis, having to deal with the great challenge of balancing its finances to survive. However, the situation has started to worsen considerably since 2016, when it added a net loss of almost 7 billion euros (about 7,800 million dollars). In 2018, the International Monetary Fund recognized DB as "the greatest source of risk among systemically important banks in the world".