Cboe Reviews

3.4

43% would recommend to a friend

(290 total reviews)
avatar

Craig Donohue

24% approve of CEO

53% positive business outlook

Cboe has an employee rating of 3.4 out of 5 stars, based on 290 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Cboe employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

290 reviews
1.0
28 Apr 2026

A once great institution ruined

Recommend
CEO approval
Business outlook

Pros

They have all been erased in the last year.

Cons

The new CEO and his Make Cboe CME Again agenda have completely ruined the company. All the good employees have left for much greener pastures and the good ones who have stayed are now being pushed out. Senior management is actively trying to take the company back to 2017 when the entire revenue of the company was based on SPX and VIX volumes. Paused promotions this year to entice employees to quit. Ended remote work this year to entice employees to quit. Forced employees back in the office this year to entice employees to quit. Every decision made by senior management in the past year has been to entice employees to quit. Resorted to layoffs when they didn't hit the quote for amount of people to quit.

1.0
24 Apr 2026

Can no longer recommend

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Not many remaining at this point

Cons

Cboe *used* to be a great workplace. Leaders showed that they cared for employees and in return the employees built a great company. Unfortunately, they recently went through a complete replacement of senior management (CEO, COO) and the new leaders repeatedly demonstrate that the company no longer cares about employees. Most of the perks are being taken away and benefits are being scaled back. Decisions have been made that make it difficult on the employees and they are being treated worse than ever. Leadership has eroded all trust among the employees at this point and morale is horrible among most of the employees. Very different than years past and it's no longer a place I can recommend to others.

1.0
15 May 2026

When Collaboration Turns Into Control

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There are still many intelligent, hardworking, and genuinely collaborative people throughout the organization who care deeply about their work and support one another despite the environment becoming increasingly difficult to navigate.

Cons

People were proud to work here. There was a sense of trust, accountability, and shared purpose. The environment fostered empowerment rather than fear, and collaboration felt authentic rather than performative. Under this CEO, the culture feels dramatically different. What once felt modern and human-centered now increasingly resembles an outdated 1980s-style corporate culture centered around hierarchy, optics, and control. Leadership communication during layoffs, restructuring, and return-to-office discussions often felt detached and overly curated. Employee concerns frequently seemed to be treated as inconveniences rather than legitimate questions from people trying to navigate uncertainty and major workplace changes. In town halls and broader messaging, the tone at times came across as irritated, dismissive, and disconnected from the realities employees were facing. There is now a noticeable disconnect between executive leadership and the workforce. Morale has declined, workloads have increased, and many employees appear to be operating in survival mode rather than feeling supported or inspired. The environment increasingly feels driven by politics, image management, and top-down control instead of trust, transparency, and empowerment. The most frustrating part is knowing the company is capable of being far better because many employees already experienced what that culture once looked like.

Viewing 1 - 3 of 290 Reviews

Glassdoor has 381 Cboe reviews submitted anonymously by Cboe employees. Read employee reviews and ratings on Glassdoor to decide if Cboe is right for you.