Poor middle managers, favoritism and yes-man culture. - Anonymous employee CME Group Employee Review

After several rounds of layoffs a lot of good (qualified and knowledgeable) people were either let go or quit which created a complete vacuum and crisis of leadership in many groups. Individuals who took their places are utterly incompetent and consequently extremely insecure and seemingly in constant fear for their own jobs. Middle management is full of incompetent yes-men who are bent on creating appearance of being extremely busy and pressuring their employees to work on meaningless tasks while setting unreasonable expectations and ridiculous deadlines.