Cboe reviews

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.

Since the arrival of the new CEO last year, the direction of the company has changed significantly. The increasing emphasis on mandatory return to office feels less about improving collaboration and more about demonstrating control. The flexibility that helped make Cboe an attractive employer is steadily disappearing. It's disappointing to see leadership move away from a culture built on trust toward one centered on physical presence. Many employees have already left. Whether through restructuring or by choosing to seek opportunities elsewhere. It's difficult not to wonder how much more institutional knowledge and talent will be lost if this continues. The company risks undoing years of goodwill by replacing a culture of autonomy with mandates that many employees don't believe improve the quality of their work. Once a culture starts to erode, it's much harder to rebuild than it is to preserve.