Toxic culture and crafty managers - stay away !! - Data Services CME Group Employee Review

1.0
19 June 2020
Recommend
CEO approval
Business outlook

Pros

Strong Business Lines Manager who know their stuff and keep this business moving forward

Cons

Dismal HR, who do lip service to best practices but are there to spy on behalf of management. Raising any attention to malpractices, while “encouraged” is just a trap. There is no long term strategy for the data business, just looking to live quarter to quarter. Senior Mgmt constantly “empowers” the employees by choking them for strategic ideas and implementation, but says outright no to any new business initiatives or cases. Some excellent and talent individuals are suffocated by management , who take credit for any successes and lay blame otherwise. People from various teams regularly disappeared without explanation, especially just before their 2 years of service were over (just before any employment rights kick in). Another common approach was to advertise position as Director and then lower the titles to manager at the interview or just before the contract signing stage, stating that there is no difference in the packages when clearly bonuses differ by title as her the HR handbook. They hire talented and diverse people but suppress them and allow a few rotten apples to run the show. I was told by my boss to take credit of other regional teams and present their findings to senior management as mine - literally told “to learn to be crafty” My boss constantly plotted against other people and openly bragged about playing chess moves while others play checkers. I could go on and on but you get the picture. Their slogan should be “where futures are destroyed” not “where futures are made”. Toxic corporate culture at its worst ....

Explore other reviews about CME Group

5.0
11 May 2026
Recommend
CEO approval
Business outlook

Pros

good pay, interesting work, good people

Cons

very very little work life balance

3.0
12 May 2026
Recommend
CEO approval
Business outlook

Pros

- Friendly working environment. - Slow-paced and relaxed. - Opportunity to work on high-impact financial software. Quite useful if you want to get into a trading firm later on.

Cons

- Limited skill growth capability (tools are severely locked down, etc) - Work life balance can be shaky sometimes since systems fail after 5pm, weekend, etc. - Documentation is terribly organized. - Not enough focus on engineering culture. Overall probably not the best place to stick around if you like exploring new skills, building from the ground up, taking ownership etc.

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