Declining Rapidly Under New Leadership - Regulatory Cboe Employee Review

2.0
Nov 10, 2025
Recommend
CEO approval
Business outlook

Pros

A good work life balance. Free lunch.

Cons

Ever since the new CEO got hired things have started to trend negatively pretty quickly for employees. They waited until Q4 to announce nobody was getting promoted at year end and then claimed it was somehow for our benefit. Salaries much below that of similar roles in Chicago. Continual erosion of remote work and other benefits that used to make Cboe stand out despite its below market salaries.

Explore other reviews about Cboe

5.0
Jun 1, 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
Jun 4, 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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