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
1.0
May 21, 2026

Weak leadership. Even worse CEO. Culture has gone down the drain.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Collaborative Peer Network - but since the leadership transition to CEO Craig Donohue, the once-vibrant culture has shifted to a rigid, top-down structure focused almost exclusively on shareholder optics.

Cons

Since the arrival of the new CEO, Cboe’s workplace environment has declined. Once a highly collaborative and supportive culture, the company has shifted to a top-down structure focused heavily on shareholder returns at the expense of employee well-being. Drastic remote work restrictions and recent staff reductions have exacerbated already poor work-life balance and burnout, as remaining employees absorb the extra workload. With flat compensation and limited upward mobility, institutional trust has eroded, prompting many talented professionals to exit.

1.0
May 15, 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 What once felt modern and human-centered now increasingly resembles an outdated 1980s-style corporate culture centered around hierarchy, optics, and control.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 10 - 12 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.