Investing.com -- Commerzbank AG (OTC: CRZBY )'s CEO, Bettina Orlopp, is preparing to announce significant job cuts across the bank's back office operations in an upcoming investor day on Thursday, as reported by Bloomberg News. These changes are part of her strategy to demonstrate the bank's potential for growth and stability without the need for a takeover by UniCredit SpA (LON: 0RLS ).

The planned reductions are not expected to impact revenue-generating activities significantly, according to individuals familiar with the matter. Orlopp is also expected to introduce early retirement packages as a method to implement a substantial part of the job cuts without resorting to layoffs.

The upcoming investor day and the announcement of these strategic changes will mark Orlopp's most significant effort to win investor support for Commerzbank (ETR: CBKG )'s independence. This comes after UniCredit has expressed interest in an acquisition. Orlopp assumed her role as CEO in October, shortly after the Italian banking institution revealed a considerable stake.

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