Bloomberg L.P.
3.2 of 5 1,100 reviews
www.bloomberg.com New York, NY 5000+ Employees

Bloomberg L.P. Reviews

Updated Jul 7, 2014
All Employees Current Employees Only

3.2 1,100 reviews

                             

75% Approve of the CEO

Bloomberg L.P. President and CEO Dan Doctoroff

Dan Doctoroff

(617 ratings)

63% of employees recommend this company to a friend
120 Employee Reviews Back to all reviews
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    • Disapproves of CEO

    2 people found this helpful  

    Horrible interview experience

    Software Development Engineer (Former Employee)
    New York, NY

    ProsLiving in New York was the only good thing

    ConsUnprofessional cheap company that treats its employees like crap

    Advice to Senior ManagementGet a better HR department

    No, I would not recommend this company to a friend

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    4 people found this helpful  

    no career growth, too much favoritism

    Anonymous Employee (Former Employee)

    Prosgood company to have on resume, terminal experience is very useful

    Consno career path ,metrics are absurd and changed frequently, a couple of people are promoted regardless of performance, no clear metrics to compare employees,

    Advice to Senior Managementno advice,

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    3 people found this helpful  

    Skip it

    Anonymous Employee (Current Employee)

    Prosgood benefits, free food, ok reputation

    Constoo many to list here

    Advice to Senior Managementstop trying to be a finance company. embrace technology

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    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

    3 people found this helpful  

    Decline and Disarray; Kafkaesque; Fear and Loathing

    Content Strategist (Current Employee)
    New York, NY

    ProsGood benefits, ok pay, attractive-looking people, free chips, free soda, free Cheerios, free apples, free salt, free sugar, free corn nuts.

    ConsPeter Principle writ large. Most personnel are Wall Street castoffs. Lot of fear and loathing. Old technology, big-brother culture, chaotic long hours. All sizzle no steak.

    Advice to Senior ManagementGet some steak.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    • No Opinion of CEO

    4 people found this helpful  

    Depressing environment

    Senior Software Developer (Former Employee)
    Skillman, NJ

    ProsSlightly higher pay compared to industry

    ConsNo career advancement, Old technology, ruthless management, very busy and highly stressful.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    4 people found this helpful  

    Where promising careers go to die

    Senior Software Developer (Current Employee)
    New York, NY

    ProsHigh pay, good benefits, free food. Everything moves at a fast pace

    ConsManagement does not value its technologists. The company has no interest in being a technology company, you will feel like you are working at a bank. Everything is proprietary, no interest in open standards or open source.

    Advice to Senior ManagementIf you want to be a technology company, stop acting like a trading floor.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    3 people found this helpful  

    Not Recommended

    Equity Analyst (Current Employee)
    Skillman, NJ

    ProsFood is served during lunchtime.

    ConsThere is no room for growth here. Politics at the workplace run the whole office. To get ahead, you have to have connections.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
           
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    8 people found this helpful  

    Analytics/Sales Dead End if there over two years

    Financial Sales and Analytics (Current Employee)
    New York, NY

    Pros-Super safe job security - no one gets fired
    -Lots of trainings
    -Free food
    -cool building
    -name recognition on resume

    Cons- very few transferable skills if looking to go to finance/wall street
    - lots of drift-wood
    - managers show favoritism, cute girls get promoted faster than smart girls
    - 80% of work is done by 20% of employees
    - confrontational dynamic between sales/adsk and programmers, DRQS system is a nightmare
    - outdated backend technology, constant bugs in new software releases
    - lots of talk on transparency, doesn't apply to upper management
    - people jump department to department, no one owns a single process/dept
    - massive turnover, 70% of my hire class has resigned. No talent retention.

    Advice to Senior Management- reward top performers
    - fire the poor performers
    - don't sell adsk/sales as a gateway to the Street, it's not
    - stop talking about 10B and the bonuses

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    3 people found this helpful  

    Not a real opportunity, TEMPS BEWARE!

    Business Analyst (Former Employee)
    Skillman, NJ

    ProsFree food?...thats all I got.

    ConsI should have been skeptical from the start... I was hired as a temp through Accounting Principals for a "6+ month" temp position with "permanent potential" as an analyst at Bloomberg in Skillman, NJ. It was hardly an interview, the lady went through my resume asked if I was familiar with excel and said the job was mine. I could not believe the process could have been this simple after striking out in interviews for months. So I was wary to say the least.

    First day on the job show up and SURPRISE there are 20 other temps starting with me. Yes that's right TWENTY. They take us all to the back corner training room and two young guys do a half-ass job of showing us the Bloomberg Terminal software and "train" us going through income statements, balance sheets and cashflows while familiarizing us with their software. On the first day they even took us to get our temporary ID badges turned into regular ones.

    We had off on Friday for good Friday so the first week was only 4 days (planned by Bloomberg I'm sure). Friday afternoon I get a call from Accounting Principals informing me I was let go because "I was not picking it up fast enough."

    If I had to guess the majority of the 20 people I started with were let go because I may not have been the best at "picking it up fast enough", but I was far from the worst.

    And thats how a "6+ month hire" with "permanent potential" turns into a 4 day job. I was made to believe this was a real opportunity when clearly it was a scam to get as many people there and quickly get the pick of the litter.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    3 people found this helpful  

    Great Place to start but..

    Data Analyst (Current Employee)
    Skillman, NJ

    Pros- Awesome Benefits (health, dental, vacations
    - Generous Leave time opportunities
    - Free Food (if you like junk food)

    Cons- Middle management can't stand up to NY
    - Open Environment leads to passive aggressive and immature behavior on the part of co-workers and managers. Even if you are hardworking and accomplish your projects and goals, they will make up stories about you watching "videos".
    -Flexible work agreements while available are frowned upon. If your manager is not 100% on board expect some unexpected actions to result.

    Advice to Senior Management- Care about your employees work/life balance. Not everyone can be in the office for 60 hours a week.
    - NJ Middle management should learn to stand up to NY when needed. This will allow Middle managers need to have confidence in their decisions. Also allow them to stop sweating the small stuff.
    -Understand that not everyone has a cookie cutter personality; you should learn to communicate and validate your employees concerns.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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