Cboe reviews

3.4

42% would recommend to a friend

(290 total reviews)
avatar

Craig Donohue

21% approve of CEO

51% 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 Financial Services industry (3.7 stars).

Reviews by job title

290 reviews
2.0
May 3, 2026

Once great, now toxic

Recommend
CEO approval
Business Outlook

Pros

Cboe used to be one of the best places to work with an exceptional culture, largely due to the former COO and all-around amazing human being, Chris Isaacson, who unfortunately retired early. Maybe he knew the cuts were coming and didn't want to witness the destruction of one of his greatest accomplishments. We miss you, Chris. The work was fun and challenging, There are interesting technical problems to work on alongside really smart and devoted colleagues. Compensation was generous and above average.

Cons

I've never seen a company's culture fall so fast. In only a year, the new CEO Craig Donohue is turning a once great company into a toxic culture where morale is very low. The smart people will move on to better jobs, and the devoted people will stop caring. Craig has demonstrated again and again that he doesn't care about employees, he only cares about shareholders. The company is making record profits so it's not a case of "difficult decisions had to be made". It's a case of "we're okay with making employees miserable in order to increase our profit margins by 2%". Craig doesn't understand that it was the culture that made Cboe so successful. We worked so hard, we executed so flawlessly, because we believed in the company and the company believed in us. All of that has changed.

2.0
Dec 6, 2017

Integration Gone Wrong

Recommend
CEO approval
Business Outlook

Pros

Interesting projects with knowledgable coworkers

Cons

After merging with Bats, CBOE had decided its best course forward is to make everyone equally miserable. Scale back the benefits from one side while slapping the other side with insulting titles and zero paths forward. Don't seem to care about their employees as much as the bottom line. Your benefits don't matter and neither do your career prospects because your replaceable.

1.0
Apr 30, 2026

Great culture has deteriorated under new leadership

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.

Viewing 4 - 6 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.