Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services. The Futures segment trades in futures. The Global FX segment provides institutional foreign exchange (FX) trading and non-deliverable forward FX transactions services. The Digital segment offers Cboe Digital, an operator of the United States based digital asset spot market and a regulated futures exchange; Cboe Clear Digital, a regulated clearinghouse; licensing of proprietary market data; and access and capacity services. The company has strategic relationships with S&P Dow Jones Indices, LLC; IHS Markit Ltd.; DJI Opco, LLC; Frank Russell Company; FTSE International Limited; and MSCI Inc. The company was formerly known as CBOE Holdings, Inc. and changed its name to Cboe Global Markets, Inc. in October 2017. Cboe Global Markets, Inc. was founded in 1973 and is headquartered in Chicago, Illinois.
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Cboe Global Markets, Inc. has announced a significant reduction in its workforce, planning to cut 20% of its staff as part of a strategic move to concentrate on its core businesses. This decision reflects the company's ongoing efforts to streamline operations and enhance efficiency in a competitive market. While specific numbers of employees affected were not disclosed, the reduction is expected to impact a substantial portion of the workforce. The company aims to realign its resources to better focus on its primary objectives and improve overall performance.
Cboe Global Markets, Inc. has announced plans to reduce its workforce by 20% in 2026. This decision reflects the company's strategic restructuring efforts aimed at enhancing operational efficiency. While specific numbers of employees affected have not been disclosed, the planned layoffs are part of a broader initiative to adapt to changing market conditions. The exact timeline for the layoffs is set for 2026, with further details expected as the date approaches.
Cboe Global Markets, Inc. has announced the layoff of 100 employees as part of a restructuring effort following its recent earnings report. The job cuts are aimed at streamlining operations and improving efficiency within the company. This decision comes in the wake of a challenging market environment and is expected to help Cboe better position itself for future growth. The layoffs will take effect immediately, impacting various roles within the organization. Cboe's management emphasized that these changes are necessary to adapt to evolving market conditions and enhance overall performance.
Cboe Global Markets, Inc. has announced a reduction in its workforce, resulting in the layoff of approximately 100 employees. This decision comes as part of a broader strategy to optimize operational efficiency and reduce operating expenses. The layoffs are expected to take effect immediately, impacting various roles within the company. Cboe's management indicated that this move is necessary to align with current market conditions and enhance the company's long-term competitiveness. The company is headquartered in Chicago, Illinois.
Cboe Global Markets, Inc. has announced a headcount reduction affecting approximately 150 employees as part of its efforts to streamline operations and reduce operating expenses. The layoffs are set to take effect in early October 2023, coinciding with the company's revised operational expenditure guidance. This decision comes amid a broader strategy to enhance efficiency and adapt to changing market conditions. The company aims to maintain its competitive edge while managing costs effectively during this transitional period.
Cboe Global Markets, Inc. has announced a significant reduction in its workforce, cutting 20% of its staff as part of a strategic shift under its new CEO. This decision translates to approximately 200 employees being laid off, reflecting the company's focus on enhancing its options trading business. The layoffs are part of a broader restructuring effort aimed at improving operational efficiency and aligning with market demands. The company is based in Chicago, Illinois, and the layoffs are expected to impact various departments as Cboe seeks to streamline its operations.
Cboe Global Markets, Inc. has announced plans to cut its workforce by 20% as part of a strategy to focus on its core business operations. This decision reflects the company's ongoing efforts to streamline its operations and improve efficiency. While specific details regarding the number of employees affected and the timeline for these layoffs have not been disclosed, the move indicates a significant restructuring within the organization. The company aims to adapt to changing market conditions and enhance its competitive position in the financial services industry.
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