When Collaboration Turns Into Control - Anonymous employee Cboe Employee Review

1.0
15 May 2026
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 What once felt modern and human-centered now increasingly resembles an outdated 1980s-style corporate culture centered around hierarchy, optics, and control.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.

Explore other reviews about Cboe

5.0
25 May 2026
Recommend
CEO approval
Business outlook

Pros

- Excellent tech, colleagues, and interesting work.

Cons

- Management could be more forward focused.

1.0
4 Jun 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.

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