A sinking ship... - Anonymous employee Interac Employee Review

1.0
Dec 10, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Perks/benefits aren't the worst Interac's "relationship with financial institutions" (we're not supposed to say the other thing!) means you will have a better than average job security if you can somehow overlook the numerous cons.

Cons

Depressing work environment with a severe lack of culture and poor, disconnected leadership and employees alike. Return to office mandate for 2025 (min 3 days a week) which will drive away the ambitious, top performing employees. Dysfunctional communication between different teams and departments due to insane amounts of bureaucracy, lack of ownership and certain individuals playing office politics while shifting the blame to those who have no power. Demoralizing "teammates" who keep speaking ill of each other, people's career choices, the city and Canada as a whole. Poor individual communication skills. Product team meetings are dry and tone-deaf in presentation. No one opens their camera in meetings and most people dose off, leading to active participants having to repeat themselves multiple times. Too much wasted time, energy and resources due to all the above. As another review said, "the environment is chaotic, soul-crushing, and utterly demoralizing."

Explore other reviews about Interac

3.0
Jul 6, 2018
Anonymous contractor
Recommend
CEO approval
Business Outlook

Pros

cant say much here, people are friendly but culture not the best.

Cons

lots of turnover, tight lipped environments, lots of people got laid off, company was struggling to find direction, etc. not a good environment to work and grow your career.

3
2.0
May 28, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Brand Name/Events / Benefits Plan

Cons

Restructuring and layoffs every year...Unplanned decisions even restructuring teams back to original way of reporting resulting in frequent firing and layoffs...Toxic middle level managers and highly political environment..be ready to have escalations on minor issues...instead of working together teams shift blames on each other ..You have to watch your back constantly...E.g Thrown in projects without any knowledge transfer and expected to excel from day one else will be escalated...Personal ego of Middle Managers takes precedence over Talent and Results..

See reviews by: Helpful|Rating|Date|All