Cboe Global Markets (CBOE) is cutting 20% of its global workforce and tightening return-to-office policies, WSJ reports

Cboe Global Markets' decision to cut 20% of its workforce and modify return-to-office policies signals a strategic shift likely aimed at improving operational efficiency amid changing market conditions. The voluntary retirement option for eligible employees adds an element of cost management and indicates that the company is seeking to streamline operations without abrupt layoffs. This move can influence market sentiment towards the stock and potentially reshape expectations around future profitability and growth in the financial exchange sector.