Bloomberg reviews

4.0

79% would recommend to a friend

(8,249 total reviews)
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Michael R. Bloomberg and Vlad Kliatchko

84% approve of CEO

73% positive business outlook

Bloomberg has an employee rating of 4.0 out of 5 stars, based on 8,249 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bloomberg employee rating is in line with the average (within 1 standard deviation) for employers within the Informationstechnologie industry (3.9 stars).

Reviews by job title

8K reviews
3.0
Jul 30, 2016

Layoffs!!!

Recommend
CEO approval
Business Outlook

Pros

Famous product and CEO. Great name in the industry. Beautiful offices. Free snacks. Very solid health benefits. Open workspace for all.

Cons

Very strange approach to layoffs. Literally let go top-ranked employees out of nowhere. Middle management are order takers from above. Very unclear which businesses they're committed to. Be extremely wary, no longer a career destination...more like a rest stop.

1.0
Jul 25, 2016
Recommend
CEO approval
Business Outlook

Pros

- Slightly above average graduate salary - learn to use the terminal well - exposure to pitiful management so you know how NOT to manage a company in future

Cons

- HEARTBREAKING level of exit opps. Because any company with a bloomberg terminal has 24/7 helpdesk at their service, nobody needs to hire one. This reduces you to a Magikarp equivalent in the job market. Unless you aspire to go Reuters, WIND, FACTSET, CAPIQ etc, this place does not prepare you for anything else - NANO-management (monitors your lunch & break duration, projects, meetings, client conversations- you name it, they monitor it) - only nano-managerial roles available as 'career path' - 0 creativity required- just answer client questions correctly, suck up, maintain decent metrics and you're set to 'succeed'. - MORALE is low but EGO is sky high - AI bots will replace this role in future Certainly, if you look at this maturely, cultivating a customer-oriented mindset will form a solid foundation for future business endeavours. Bloomberg is also deeply integrated into the Fintech space through Bloomberg Beta and mike's personal acquisitions, giving you a clean picture of how technology is integrated into the regulatory, operational, data and financial market frameworks. Also, learning about the mechanisms behind a billion dollar private company (not many out there) is quite interesting. The job itself has its value BUT WITH THE AMOUNT OF SADNESS ALONGSIDE YOUR WORK, I SUGGEST YOU RUN A FEW PLANETS AWAY FROM BIG BROTHER.

3.0
Jul 7, 2016

Product Manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Exceptional benefits, including gold-plated health insurance coverage, up to $7,500 401k match, generous education reimbursement policy and 17 weeks paid maternity/4 weeks paid paternity leave.

Cons

Very little has changed since the company's founding in the early 1980's, including the senior managers and their 1980's Wall Street-era 'command and control' management style. Employees are required to badge in and badge out of the building, and the in and out times are displayed on the company-wide email system for everyone to see and judge. If you forget to enter an expense report or forget to your employee badge and require a temporary badge too many times in a month, your corporate email is turned off to "teach you a lesson". The company proudly maintains a 'flat' organizational structure and an 'entrepreneurial' culture. Unfortunately, in a company of 16,000+ employees, this translates to a chaotic work environment with little coordination across departments (and sometimes within departments!) and extremely limited opportunities for career progression. Senior management, who are about as white, straight, male and middle-aged/ elderly as you would expect from a company that straddles the infamously homogenous industries of technology and finance, have very little incentive to change anything or to promote people who don't look exactly like them.

Viewing 385 - 387 of 8,249 Reviews

Glassdoor has 10,095 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.