Bloomberg reviews

4.0

79% would recommend to a friend

(8,231 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 8,231 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
Aug 28, 2019
Recommend
CEO approval
Business Outlook

Pros

- Bloomberg and Thomson Reuters (Refinitiv) dominate the market data sector. Both have steady cashflows, while BBG is somewhat better managed. - Perks like free snacks and drinks, nice offices around the world - Well-established training programs for fresh grads

Cons

- Very old-school culture and mentality. Constant badge-in / badge-out, even if you are just walking to a different floor in the same building. At my office, they have 3+ full time security guards just watching and making sure everybody taps the badge!! - Forget about personal freedom and privacy - everyone can read your calendar, meeting notes, sales numbers, pipeline, etc. Your every move is monitored online and offline. - Bamboo ceiling is alive and kicking - if you are Asian - not Singaporean or Indian - your chances of getting promoted to senior management are slim to none. In Asia offices, hierarchy looks like a throwback to colonial days, with Americans / Europeans at the top and local Asians at the bottom. - If you are a mid-career professional - not a fresh grad nor a fixed income veteran - you will probably struggle to adapt and leave within 1-2 years. - The core products like Terminals are becoming really, really outdated. - Target markets are all shrinking: investment banking, sales/trading, buyside (active investors) - No flexi hours - Often, the biggest challenge is to understand all the internal jargons / politics and present something coherent to clients

1.0
Aug 27, 2019
Recommend
CEO approval
Business Outlook

Pros

The quiet editors deemed unfashionable whose ability to take copy that is akin to scribble and turn it into something legible are the unsung heroes of that place. Sadly the scribblers tend to be promoted.

Cons

* Micromanagement on steroids. Cameras everywhere, key strokes monitored and the time you are in the office is also measured. Make no mistake if you are one minute late expect to get an email. * BULLYING CULTURE....it is sad to watch people who are elevated to management embrace the culture and start sending emails to people who were once friends about Bloomberg standards (which are Gilead like), social media responsibility (apply self censorship muzzle here) and writing news stories that resemble bullet points so as to keep your metrics up. * On social media, the transgressions from personal twitter accounts were so trivial that most either stopped using social media or found alternate employment. * SHOUTING AT STAFF IS GOOD...APPARENTLY? !!!!! Any organisation where screaming at subordinates is considered standard is one that will result in the victim seeking some form of medication, treatment, and having their self worth destroyed.....or they embrace the same behavior. Bloomberg is full of bullying managers who cannot leave their staff alone to do their jobs....constant hectoring and poor processes only compound the problem. * POLITICAL CORRECTNESS AT A LEVEL APPROACHING MADNESS - Mike Bloomberg's weird personal views on workplace loyalty, climate change and a decent society is where the organization shaped in his likeness reaches rank hypocrisy. Despite the wacky obsession about sugary drinks in New York, the wall of sugar at the company's hideous neon offices are a reminder to never leave and drink soda for 12 hours (sorry, 14 hours a day). * Bloomberg LP has been sued many times for being hostile to women, especially pregnant women. Despite the PR about how the company has embraced flexibility, such pieces are complete fiction and do not tell the real story of what happens when many women return from maternity leave. Feel free to read the NY Times to get the company view on females who dare to have a baby. 'Mayor Shows His Testy Side in Deposition for a Lawsuit' on April 14, 2011.' * CLIMATE CHANGE HYPOCRISY - Bloomberg LP relies on terminal sales to many industries and takes money from BHP, Rio Tinto, Glencore, Whitehaven Coal....wait! yes coal companies whom Mike Bloomberg wants to shut down. (Mike is annoyed that people are apathetic about the approaching apocalypse but like children who rebel against religious parents it is simply a case of normal folk rebelling against having an issue shoved down their throat by billionaires. Nothing gets a Bloomberg editor giddy around the loins like the image of Hollywood stars flying in private jets to exclusive resorts to give lectures on climate and consumerism. It is amazing the air time given to people who wear spandex and pose in front of green screens for a living. * Like Gilead, Bloomberg has an army of Editors at Large (commanders)......this is code for former Team Leaders and Bureau Chiefs who have been kept on to write 2000 word op-eds no one reads and to hold forth in strategy sessions about what politics mean for a given country. The Sydney bureau is blessed with several Commanders in these roles as its leadership wrestles with the most gripping issue facing the island nation........Australia's misogyny problem. Month after month, the Sydney bureau's self-flagellation results in snore fests of how to get women into management positions......forget the economy, this is where the real new stories are at! (it was amazing to learn that outside the Bloomberg offices, there are men walking down the road holding their wife or girlfriend's hand.......there is hope for Australia yet). * Not to be outdone, the London bureau have a cool social club....the LGBTQI_Women_Climate_Change_More_Women_in_Leadership_Diversity Social Club.....sadly I didn't get to join this social club..... * Vacation is all but in name only....

1.0
Apr 15, 2019
Recommend
CEO approval
Business Outlook

Pros

The benefits and unlimited snacks Free Health care Competitive 401k

Cons

Over worked employees Walk in and will not have a job randomly Will close Offices and departments to make more money Release employees to double work a fresh new recruit

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