Bloomberg reviews

4.0

79% would recommend to a friend

(8,226 total reviews)
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Michael R. Bloomberg and Vlad Kliatchko

85% approve of CEO

73% positive business outlook

Bloomberg has an employee rating of 4.0 out of 5 stars, based on 8,226 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
2.0
Jun 13, 2017
Recommend
CEO approval
Business Outlook

Pros

Great Job Benefits and perks. Beautiful Office.

Cons

Luck of the draw - Can be the most stressful job you will ever have. Hated every minute of the Analytics department.

2.0
Feb 9, 2017
Recommend
CEO approval
Business Outlook

Pros

- Excellent training on the financial markets and the product as soon as you start- great for people new to finance, a boring waste of time for those with some experience - Relatively speaking, the pay in Analytics is good for the hours (8am -6pm) and stress you are under, plus the training you receive.

Cons

- I believe the unusual combination of Bloomberg's private ownership and dominant market position have created a culture of nepotism, inefficiency and general poor management that persists across the firm but particularly in Analytics. - The nature of running a 24/7 Helpdesk means you do not have control over basic aspects of your working life (what time you have lunch, leaving work early, taking time off) - The core terminal business is currently in decline and business is tough. This doesn't make for a happy salesforce or happy clients. Management have persisted with high sales targets that, when not hit, cause pay to stagnant and bonuses to be cut. - What is not made clear at interview is that you now spend 2-3 years on the Helpdesk before moving to sales/other areas. Even when people are ready to move on their careers are held back. - Too many people get enticed to work at Bloomberg on the snacks in the pantry and cool office design- don't! The novelty wears off after a month. Base your decision on more substantial factors. - Do not think you can use this role as a stepping-stone into a front office finance role. People generally go to the middle/back office or FinTech startups.

1.0
Dec 26, 2009
Recommend
CEO approval
Business Outlook

Pros

Compensation is decent, the company offers nice benefits, the building is impressive and great to show off to others, free snacks are a great perk

Cons

Terrible place to work if you're interested in good software. If you're fortunate enough not to be working on Fortran or some really old crappy C code, you still have to put up with an infrastructure that is from the 90s, maintain some ugly patchwork code. Everything is run based on unreasonable demands from business folks who don't understand software and you are constantly writing band aid solutions and patching code. Your software engineering skills will suffer. Most of the management (on the tech side) doesn't know what it takes to be a good leader and is interested in hitting project deadlines dictated by the business at any cost without any regard for employee development. The only people who can be happy working there are people who started working there out of college, have only seen this culture, and are happy at being well compensated. You will not be happy if you've seen the world outside those glass walls. Do NOT go there as a senior engineer.

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