Commerzbank is facing potential job losses for 15,000 employees as UniCredit, led by CEO Andrea Orcel, is reportedly considering a takeover. UniCredit currently holds approximately 28% of Commerzbank's shares, raising concerns among employee representatives about the implications of such an acquisition. The situation has prompted UniCredit to respond amid fears regarding the impact on employment within Commerzbank. Orcel's reputation as a key player in banking mergers adds to the scrutiny surrounding this potential deal.