Great culture has deteriorated under new leadership - Anonymous employee Cboe Employee Review

1.0
30 Apr 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Previously, I would’ve considered this the greatest company I’ve ever had the privilege of working for, and I can’t imagine a better culture. Every member of upper management who doesn’t share his name is excellent.

Cons

Pre-Craig Donohue, everyone I know would’ve told you they could see themselves working at Cboe forever, and now I don’t know a soul who would tell you they recommend working at Cboe. This place is being run into the ground for no reason, and could’ve been avoided had anyone researched the CEO’s tenure at CME. Additionally? The decision to embrace prediction markets in pursuit of money from degenerate gamblers is abhorrent, disgusting, and embarrassing.

Explore other reviews about Cboe

5.0
1 June 2026
Recommend
CEO approval
Business outlook

Pros

- Great Team - Good Culture - Nice Work-life balance

Cons

- High turnover at times but overall good experience

1.0
4 June 2026
Recommend
CEO approval
Business outlook

Pros

Nothing, not a single thing.

Cons

The strongest reason to join this company is the people—if you can find the right ones. Genuine colleagues exist, and they often become the support system needed to navigate an environment marked by burnout, stress, and a toxic workplace culture. Unfortunately, professional growth appears to be driven less by performance and more by proximity. Promotions frequently feel tied to long-standing relationships with leadership rather than measurable contributions, leaving many high-performing employees questioning whether merit truly matters. The company continues to struggle with diversity and inclusion. Leadership remains largely homogeneous, and the lack of diverse perspectives can contribute to bias in decision-making and workplace dynamics. Several talented minority employees and leaders have already departed, and others continue to leave, raising concerns about retention and belonging. The culture itself is toxic. Boundaries are often tested, expectations can be relentless, and maintaining a healthy work-life balance requires constant vigilance. Employees who succeed here are often those who become skilled at navigating internal politics while fiercely protecting their own well-being. If you're considering joining, come prepared with strong boundaries, resilience, and the ability to advocate for yourself. Some people will make the journey worthwhile, but the environment will likely demand more from you than it ever should.

4
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