Good to work, horrible layoff structure - Anonymous employee CIBC Employee Review

3.0
Aug 24, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great work/life balance Good benefit Good team leaders

Cons

Onboarding process was bad Layoff process was horrible - laid off due to business structure without notice and my whole team was gone. However HR didn't process ROE properly so I couldn't get EI for over a month. I had to ask for the same issue for over 10 emails back and forth, still same issue wasn't resolved. No detailed information how to submit the payment too so I had to call HR to find out more in detail.

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5.0
Jun 1, 2026
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Pros

Good flatform to do holistic financial planning for clients. Stock purchase plan with company matching

Cons

There is no commission anymore.

1.0
Jul 1, 2026
Recommend
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Pros

The NY location is close to Grand Central Station

Cons

Slow Canadian culture that finds it challenging to meet US regulatory standards. Executives play favorites and gaslight employees, if you voice your opinion, they either silence you or try to manage you out with exaggerated "performance issues"

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