An investigation has been undertaken to determine the damage mechanisms and the associated mechanical response of a 2D reinforced composite of carbon fibers in an SiC CVI-processed matrix subjected to uniaxial tensile and compressive loadings at room temperature. Under tension loading, an extended non-linear stress/strain response was evidenced and related to a multi-stage development of damage involving transverse matrix microcracking, bundle/matrix and inter-bundle debonding as well as thermal residual stress release. This tensile behavior proved to be damageable-elastic with respect to a fictitious thermalstress-free origin of the stress/strain axis lying in the compression domain. In compression, after an initial stage involving closure of the thermal microcracks present from processing, the composite displayed a linear-elastic behavior until failure. The extent of damage over the material was characterized quantitatively at the microscale by the decrease of the average transverse microcrack spacing and at the macroscale by the decrease of both the longitudinal Young's modulus and the in-plane Poisson's ratio.