Bloomberg reviews

4.0

79% would recommend to a friend

(8,250 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 8,250 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
1.0
Jul 7, 2014

Overworked and Underpaid

Recommend
CEO approval
Business Outlook

Pros

Some free food in kitchen pantry. Exciting vibe on the main 6th floor. There is always something new going on, including client events.

Cons

Bad managers. Systems are redundant so that you are required to input same information over and over into different places. Management is focused on trivial things instead of important things like revenue, happy clients, etc. Management is incapable of managing different personalities and expects everybody to conform to their perceived Bloomberg mold. They make sure to underpay and overwork employees.

2.0
Mar 21, 2014

you can end up fat, dumb and happy

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I was in the R&D department of Bloomberg for over 10 years. The company is very profitable therefore job stability, health benefits, time off are all very good. The company controls their own technology stack from the client software running on the user's desktop, to their network connection end to end, to huge data stores in their data centers. As an engineer, there are many interesting problems to work on. However, due to the profitability of the company, there is not much incentive to do basic improvements to their infrastructure, reduce operational costs, or increase automation. This can be frustrating as much of the organization is involved in updating work tickets and doing manual changes. This kind of environment can be great for someone who wants to not think or work too hard and just punch in the clock.. but if you are intellectually curious and are ambitious to learn new technology it can be very suffocating. Further, much of the organization is involved in operational roles and have no desire or passion to improve technology.

Cons

I would recommend this company for someone starting off out of college or for someone who is very senior looking to get a great pay package and looking to relax for their remaining work years. For engineers who have been in the workforce for more than five years, it is a very bad proposition to stay at Bloomberg for too long. The compensation increases eventually are very incremental and are below market compared to other technology companies that offer equity. Further, the lack of innovation and improving technology can slowly destroy your competitive advantage against your peers.

2.0
Mar 8, 2014
Recommend
CEO approval
Business Outlook

Pros

When free food is the bigger pro you can think of, there isn't much to like about. Benefits are good too I guess. And since they hire a lot of fresh-out-of-college grads, it can be a good starting place.

Cons

The work is very unsatisfying on all levels. New technologies are seldom used, a lot of work pressure and lot of workload, HR doesn't care two hoots about you in any aspect, boring and tedius work, very closed environment, very hierarchical and very bureaucratic, very few career growth prospects, very narrow learning environment as teams are not encouraged to learn from each other and/or collaborate.

Viewing 397 - 399 of 8,250 Reviews

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