Poor morale and strategy issues - Anonymous Cboe Employee Review

2.0
Jun 28, 2026
Recommend
CEO approval
Business outlook

Pros

The pay and benefits packages are relatively competitive for the local market. The Kansas City-based technology leadership team is highly supportive, competent, and possesses a clear understanding of operational requirements.

Cons

Upon taking office over a year ago, the new CEO criticized prior management and claimed the organization lacked a cohesive strategy. However, after more than a year under his tenure, no meaningful alternative strategy has been successfully implemented, effectively maintaining the previous status quo. Morale has severely declined due to recent executive decisions. A substantial workforce reduction was executed with minimal operational planning, leaving multiple departments understaffed and unable to sustain daily baseline functions. Additionally, career advancements and promotions have been indefinitely paused under vague commitments to reinstate them later. Newly appointed leadership has heavily mandated the integration of AI to automate and replace existing roles. Despite thousands of hours dedicated to testing and experimentation, these technologies have yet to demonstrate viable success in most functional areas.

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.

5
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