Once great, now toxic - Director Cboe Employee Review

- Great Team - Good Culture - Nice Work-life balance

- High turnover at times but overall good experience

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.

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 What once felt modern and human-centered now increasingly resembles an outdated 1980s-style corporate culture centered around hierarchy, optics, and control.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