Cboe Global Markets is eliminating approximately 20% of its global workforce. This restructuring aims to concentrate resources on core exchange businesses. The reduction combines earlier initiatives with the latest organizational realignment. Affected employees received notices on Friday. Eligible U.S. and Canadian employees are also offered a voluntary retirement option. This move is expected to save Cboe $20 to $25 million in 2026.
https://qz.com/cboe-layoffs-workforce-reduction-core-businesses-050126