Bloomberg reviews

4.0

79% would recommend to a friend

(8,232 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 8,232 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
Feb 29, 2016

An absolute nightmare

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-The people I worked with (team members) are wonderful. Extremely hard working and good people. -Nothing else.

Cons

-No work/life balance -Totally incompetent managers who have never done the job that the team they are ''managing'' does. -Managers do nothing. My manager attended Bloomberg University courses (which tend to be classes that promote self image, and horoscope styled ''personality'' courses) and little else. No help or input was ever heard from her, only criticisms which were unwarranted-due to the fact that she didn't understand anything about the department and never worked in it prior to becoming a manager. How did this happen you may ask? It happened because higher management also has no clue and do nothing. -Extremely understaffed department. Team of 10 people handed 60,000 inquiries in my last month. -Compensation in laughable. -Bloomberg is 'big brother' personified. Tabs are kept on every single move you make. -The level of Micromanagement is absurd. I felt I was treated more like a toddler than an adult. -Hypocritical managers: I was reprimanded for being late by two minutes once, while my manager wouldn't scold others who walked in 30 minutes late every day. -Culture of fear. Managers live to intimidate their team members. -Every single thing you do at Bloomberg must be recorded in their internal ticketing system. If your manager didn't like the way you record something, you will be threatened with termination. -Open seating floor plans are usually a good idea, however at Bloomberg this means you get 2 square feet of your own space before you bump into your neighbor. If one person on your floor is sick, everyone will be sick within 3 days. Absolutely no privacy. -Culture of Brainwashing. People who have been at Bloomberg for over 2 years can not form a sentence in or out of work without saying ''Bloomberg'' at least once. -Bloomberg pretends that there is good career advancement, but in reality, all roles are glorified call center type roles. Pay increases for employees are less than inflation rates. -Since the pantry offers free (junk) food, the management believes they own you outright. -Bloomberg stunts professional growth as employees never see outside business practices and are trapped in a Bloomberg bubble. - Plus hundreds more.

1.0
Feb 9, 2016
Recommend
CEO approval
Business Outlook

Pros

Princeton office provides free lunch.

Cons

I received an oral offer as R & D software engineer a year before my graduation. Three months later, their recruiter gave me a phone call and reneged it, without caring or taking any responsibility of the other offers and interviews I have declined for them. I received an oral offer over the phone after interviewing them on campus around end of Sep, 2015. Since I still have a year left in school and only taking two masters courses, I asked for a part-time intern opportunity to work in their Princeton office, mostly to get familiar with their teams and development environment. Before the intern started I told their manager about my availability constraints ( only available this semester & winter , and would take time off during exams ) and they told me it's fine and sent me an part-time intern offer letter to sign on. On the contract it says "Expected work hours per week : 10 hrs". Also, either the manager or part-time offer letter mentioned anything about its potential impact of my full-time offer. Then I interned at a team throughout Nov.2015 - Jan.2016, worked mostly 4 days a week, averaging 25 ~ 30 hrs for the weeks I came to work. I took a whole week off during finals and another week during Christmas and New Year. The program itself is very disorganized : No intern / new hire training, no clarification of performance expectation, no assigned project, and no desk. Yes I never had a desk assigned to me throughout the entire internship. I was told to fix bugs in their current production code and I worked closely with my mentor on daily basis. I managed to fix all the bugs they assigned to me and my code went to production. After telling them I wouldn't be able to work part-time after my last semester starts, as we agreed upon before I start interning, I received a phone call from Bloomberg's recruiter couple weeks later said they would renege on my full-time offer. "Based on your review from your team, your technical ability has no problem, but it's the communication issue. Therefore we decided to not give you full-time offer". Later that night I called my mentor and he told me he knew what I did, he was satisfied about my performance since I was able to pick up their project and fix bugs quickly. He insisted to keep me in the team, but their team lead who never assigned anything to me or worked with me claimed I am not dedicated to the company since I took days off during final. Recruiting team did not take any responsibility of the other offers and interviews I have declined, insisted the decision is final and there's nothing I can do about it. I talked to my friends and professional engineers who had experience with Bloomberg. This company has a terrible record of reneging people' offer / fire new employees during their recruiting process. They basically don't care about how it would effect your career as a software engineer. You are a new grad who is not experienced with employment laws / process, and they would do whatever they need as long as they think it would benefit their company. Be very careful if you are considering Bloomberg as your full-time employer, they have reneged / fired people before they join, during their new hire training, even in your first six months. After all this is a company which would say "Technical ability is fine, but team lead doesn't like your communication " to renege an incoming engineer's offer.

1.0
Dec 3, 2015
Recommend
CEO approval
Business Outlook

Pros

Moorgate office with free snacks. Good for social life if you are young (in your 20s) like most people working in Data Fancy summer party International and diverse staff They are willing to sponsor work visas for many non-EU employees

Cons

Misleading job advert, data entry job dressed up as being an Analyst job - some teams are better than others but many people do copy paste. Must spend minimum 18 months in data before can move internally to sales etc. Data is in smaller separate building so you have no interaction with people from the rest of the organisation although this will change when move to new office currently under construction. Near complete lack of exposure to intelligent people to learn from, as to be expected from data entry role... Smarter people with industry experience work in other teams in completely different building. Strange infantile environment, like being back at school. You will be treated like a child. Cult-like. Micromanagement.

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