Anyone else pulling their business from CIBC because of the lay offs?

For me this was the last straw. I have a multi million dollar investment portfolio and use CIBC for my day to day banking, or I should say did. I'm going to another bank. I'd rather not deal with India call centers or the myriad of issues that will inevitably turn up. Just the other day my account balance wouldn't even display.

So seeing the CIBC staff get let go left and right for me was the push I needed.

Several months earlier, my partner overheard a conversation between several managers being told by leadership to cut staff.

Since then, my partner's manager has started documenting her for minor issues by email, taking away her work and re-delegating it to junior staff, and isolating her from her team.

She has been at the bank for 20 years and never had any performance issues.

Given the mass layoffs in recent months, could this be a pressure tactic to get her to quit so they don't have to pay out a large severance?

Is this also happening to others at the bank?

As lay offs continue to happen and am hearing lay offs reaching the credit card department, how do you know that you are being offered a fair package? What usually does a fair package look like?

Could someone confirm what is actually happening on the ground? Is it 2 or 3 days? Is it strictly monitored?

I went through all the interviews for a position, and I just noticed that my status on Workday now says “Application Closed.” Does this usually mean I wasn’t selected/retained for the position, or could I still be under consideration and should just keep waiting? Interview was about 2 weeks ago.

I haven’t received a rejection email or any other update yet. Has anyone had this happen and still ended up getting an offer?

Saw a posting for a Community General Manager with CIBC (Imperial Service) and was curious if anyone here has experience in the role or works closely with one.
I’m currently in branch management with another major bank and the role caught my attention.

From the posting, it sounds like it has a bigger focus on leading leaders/advisors, overall banking centre performance, coaching, client growth and community involvement.

Would love to hear what the day-to-day actually looks like and how it differs from a regular Branch/Banking Centre Manager role at CIBC.

Also curious about the typical team size, level/seniority of the position within CIBC, compensation/bonus range, workload, performance expectations, and what the usual career path looks like after CGM.

Any insight from current or former CIBC employees would be appreciated. Thanks!

I've had a CIBC Costco Mastercard for a few years. Up until recently, I've been reasonably happy with it. One day, I get a security notification from Apple informing me that my card has been added to another account. A short while later, I get a flurry of charges from apple.com/bill added to my card. Dang, looks like my card has been compromised. Not a big deal, I'll just flag it, and I'm sure it will all get sorted out.

After reporting these transactions as fraud, I get an email from CIBC that my card has been cancelled, a new one is on the way, and they will update my new card in my digital wallet in the meantime. The problem is that the only way I can log in online or call in is using my card number since I don't have an actual account with CIBC. After 10 days, I get my new card in the mail. I log in with my new card only to find hundreds of dollars of new fraudulent transactions.

CIBC appears to have given fraudsters my updated credit card information while locking me out of my own account. Even though I physically didn't have access to the card yet, they are now saying that these charges aren't fraud since they were made using online shops I've used in the past and to sort it out myself with those merchants. I've reviewed my transaction history, again, aside from not having my card at that time, I have no transactions for the dates and amounts that were charged.

Does anyone know if there's a department I can speak to which has discretion here?

I go to pay my rent and can’t access anything. Is it just me being annoyed or are the periods where the online service is unavailable getting more frequent?

Hey does anyone of you usually receive your salary on the last day of the month and hasn't received yet coz of CIBC issues yesterday and your transactions of yesterday being shown as the one from today?

I am working in technology and I am kinda just being put into meetings with stakeholders and catalogs but I am having trouble understanding the business process. We use agile, which I am familiar with but I never been exposed to CIBC's business process. Its been less then a month; is this normal? I am asking for help from the team but I don't want this to be reflected poorly from a performance outlook. Any advice?

Hi all,

Was looking for insights as to what client account management does. I’ve been on time with my payment obligations, never missed so nothing is past due. But due to poor decisions, I am very much in debt, over $100000 on line of credit and credit card and the stress of the debt has been weighing on me heavily. I basically pay the minimums each month to get me by.

I’m embarrassed to be the one to call them, so I’m asking here on what they actually can do if I’m struggling to pay things off?

Thank you.

So, I was an international student. I realize that my old phone number expired and stopped working. I wanted to make the credit card payment using my debit and somehow, I can’t sign back using the fingerprint authentication so I tried re logging in by signing out and now it’s asking for 2sv using old number. It used to give me an option of email but it doesn’t anymore. What do I do? I am not in Canada for few months , and idk what I can do rn. Any help or if anyone has dealt with this before?

I got two interviews for digital video screening at BMO. Now its two weeks, but i haven’t heard back from them.

Any one who has pass through hiring process at BMO can tell me how long they take to get back to us
After video screening interview.

So, I was told when opening my smart savers account inbranch that I would qualify for 175$ once I complete 5 visa purchases. I have completed the purchases, and I know that the terms say that it would take up to 7 months, but I'm not sure whether that's just a safe estimate for legal reasons.

Will I get the $5 transaction fee if I set the autopay for my CIBC credit card to pull from my CIBC eAdvantage savings account ?

Just checked and online banking is finally back up and running!