Bloomberg reviews

4.0

79% would recommend to a friend

(8,214 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 8,214 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
Feb 4, 2019
Recommend
CEO approval
Business Outlook

Pros

There is free food and snacks consistently at your disposal. The organization is big on volunteering and philanthropic endeavors so working here will afford you the opportunity to make an impact on other people’s lives outside of the company. That’s the full extent of the benefits in my opinion.

Cons

Now here are the cons: First, take heed to many of the comments written about managers. Many managers currently in place have moved up the pipeline through connections or likability - not through grit or hard work. In addition, your initial manager will define your success or failure before you step foot in the door so my advice, make sure to do some vetting before you accept an offer here. Second, while the company is great at tackling challenges outside of the organization, there is a significant amount of work to be done on diversity and inclusion front. Let me explain: If you are a cis White male, you will have countless opportunities at your disposal even if you lack the education, experience or credentials. Leadership within the organization is akin to a fraternity where you’re accepted based on whether you’re liked by management and not by how hard you work. This moves me to my next point - women and minorities in leadership. Of the 19k+ employees worldwide, Black employees make up less than 3.8% of the workforce. Latino demographics are slightly higher perhaps by a base point or two. Asians account for roughly 7-8% I believe. While you will see minorities scattered throughout the organization, the reality that few of them achieve leadership success within the organization is certainly true. For women of color, especially Black women of color, the harsh reality is even fewer achieve leadership success despite many of them having stellar performance reviews and tenured experience. Retention for women and minorities is even more of a joke. Countless number of women and minorities are leaving the company because of the cis white male hegemony present within the organization.

4.0
Oct 10, 2018
Recommend
CEO approval
Business Outlook

Pros

The company places significant value on those who bring significant value...if you are allowed to do so by your manager. Skills such as VBA, Python, and resiliency are treasured within Bloomberg's Global Data division. You are exposed to every level of investor from back office analyst to CEO. It looks great on a resume.

Cons

Global Data in particular needs to be completely gutted of the awful talent that is leading it on almost every level. The organization chart has become a mess, and people who should be leading departments are suppressed by awful managers who are in their positions because of how long they have been there and who they have befriended. This goes for many, many Team Leaders too. Your experience at Bloomberg will be significantly impacted based on who your initial Team Leader is.

1.0
Nov 30, 2017
Recommend
CEO approval
Business Outlook

Pros

*good experience for entry level journalists

Cons

*top-down, infantilizing style of management is condoned *no checks and balances on team leaders. You could have had great reviews for years, and great relationships with all your bosses, but one manager who takes a dislike to you can easily end your Bloomberg career *bullying, bogus Performance Improvement Plans, and other forms of intimidation regularly used in place of layoffs to downsize teams *toxic, unhealthy atmosphere

Viewing 25 - 27 of 8,214 Reviews

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