Deutsche Bank's recent hiring spree has reversed much of the job cuts initiated by CEO Christian Sewing, with a notable increase in back-office roles despite significant investments in IT for automation. While non-interest costs have been trimmed by 2% and revenues increased by 19% since 2018, the bank has repeatedly missed cost-cutting targets, leading to a total headcount nearing 90,000. The rise in back-office staff, now at 58,000, has offset reductions in client-facing roles, highlighting ongoing challenges with regulatory compliance and internal inefficiencies.