A Once Great Place That's Losing What Made It Special - Anonymous employee Cboe Employee Review

1.0
26 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

For years, Cboe stood out because of its talented people, collaborative culture and flexibility. The trust employees were given translated into strong engagement and a healthy work-life balance. It was a place where people genuinely wanted to stay. Which could be seen by several (Senior) people who had been there for tens of years.

Cons

Since the arrival of the new CEO last year, the direction of the company has changed significantly. The increasing emphasis on mandatory return to office feels less about improving collaboration and more about demonstrating control. The flexibility that helped make Cboe an attractive employer is steadily disappearing. It's disappointing to see leadership move away from a culture built on trust toward one centered on physical presence. Many employees have already left. Whether through restructuring or by choosing to seek opportunities elsewhere. It's difficult not to wonder how much more institutional knowledge and talent will be lost if this continues. The company risks undoing years of goodwill by replacing a culture of autonomy with mandates that many employees don't believe improve the quality of their work. Once a culture starts to erode, it's much harder to rebuild than it is to preserve.

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.

5
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