Bloomberg reviews

4.0

79% would recommend to a friend

(8,227 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 8,227 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
Dec 27, 2017

Toxic office culture

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are not pros in this company.

Cons

- Ungrateful managers with bad attitude and inflated egos. - Managers care absolutely nothing about career advancement and have no idea how to do their jobs without micromanaging. - Very low standards and too many disgusting people. - You don't really get any skills here other than how to use the Bloomberg terminal. - Everyone here is constantly talking trash behind each other's backs. - No room for advancement , racism still in company, everyone only watch out for there own kind. - Avoid this place like cancer.

4.0
Dec 5, 2015
Recommend
CEO approval
Business Outlook

Pros

- Benefits. The benefits are comparable/sometimes even better than other large tech companies like Google/Facebook. Aside from the pay, there's free food, free premium health care, extremely high 401k matching, and a very relaxed (yet fast for a large company) culture. Aside from the mentioned, experienced hires receive financial advisers and lawyers for extremely low cost (around $16 a month I think?). Oh, and a minimum of 4 weeks vacation and unlimited work from home/sick days. - Transparency. This is one of the biggest advantages to this company over others. You can literally view any Bloomberg code you want at any time you want. The only restrictions in the company are really the law branch (for obvious reasons). Everything is out in the open, and this lets work complete significantly faster than other companies of this size. - Culture. While maintaining competition, coworkers are generally all extremely helpful and come from some impressive backgrounds. I've yet to come across anyone that's not willing to help out at all. At most, I've had helped deferred due to an urgent issue, but I've hardly run into any instances where I've failed to receive help. - Management. Not much to say here other than I have never worked with a company of this size having this type of technical expertise...ever. I can comfortably speak about C code to management two levels above me without any communication issues because they've all been through as a C/C++ developer at some point.

Cons

- Career Opportunities. Now this depends on individuals' goals, but from coming from a small company in the financial industry, I've found that opportunities here are very limited. After you've worked in the industry for some time, projects complete, and they turn into maintenance mode (aka "keeping the lights on") in the company. This is very necessary evil since once functions complete, support needs to remain for the function, but this lowers the amount of meaningful work that can be done. Those that want to change things up will generally be pointed towards the direction of management. - Challenges. This expands on the above point. Unfortunately, the amount of challenges in this company are very limited. The problems can be difficult, but with the wrong reasons. This includes challenges from compliance, poor design, and complex internal architecture. There's significantly less "fun" challenges in the work compared to a startup or smaller shop. This can lead to some days that feel terribly long due to working on mind-numbing tasks. All companies will have these tasks, but Bloomberg seems to have a lot more do to their extensive use of proprietary tools. - Legacy technologies. Bloomberg is involved with "modern" technologies like Hadoop/HBase and Redis, but a very large portion of the foundation software is still C++98 (with a Bloomberg Standard Library to cover some of the C++11 features), but the technology lags behind significantly due to all the dependencies in the software.

1.0
Jul 15, 2024
Recommend
CEO approval
Business Outlook

Pros

Snacks, nice office building, convenient location (731 Lexington)

Cons

1. Extreme favoritism - this will be a dead end job for you unless management likes you. You can play the game and kiss-up to your leaders but make sure the career path is worth it first. 2. Role progression is not tangible for everyone. The goal post changes every season. You’ll get to Sales when they want you to go to Sales. If they don’t want you to go, management will make sure of it despite your efforts. 3. Prejudice. I was in the department for two years. People of color don’t receive promotions that often and they’re some of the hardest working in the department. I mean it. Worked alongside many of them and they were great. Pray your direct leaders are neutral, goal-oriented people and not biased power trippers. 4. Micromanagement. It’s disgusting. You pretty much have to document every reason you’re not engaging with a client. Yes, management checks this. Doesn’t matter if you’re overwhelmed, pick up the phone and call because now you have a new metric that tracks how many people you call per hour. Oh, doesn’t matter if you have a bunch of angry traders cursing you out. Skip that person and move along! Leadership will watch the little things like how often you’re on “hold” or see what time you badged in if you’re over a minute late. Just nonsense to make you uncomfortable. Seen, heard and experienced.

Viewing 73 - 75 of 8,227 Reviews

Glassdoor has 10,071 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.