Bloomberg L.P.

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Bloomberg L.P. Reviews

Updated July 22, 2014
Updated July 22, 2014
1,163 Reviews

3.4
1,163 Reviews
Rating Trends

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Bloomberg L.P. President and CEO Dan Doctoroff
Dan Doctoroff
642 Ratings

Review Highlights

Pros
  • When free food is the bigger pro you can think of, there isn't much to like about (in 157 reviews)

  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 52 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 31 reviews)

  • Mandatory, long hours for busy work (8a - 6p); lots of posturing (in 71 reviews)

More Highlights

130 Employee Reviews Back to all reviews

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  1. 6 people found this helpful  

    Worst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer  in  New York, NY
    Former Employee - Senior Software Engineer in New York, NY

    Pros

    Very few pros working at this company.
    If you're lucky and work your ass off, and keep your head down and don't voice your opinions, then maybe you'll get a competitive salary.

    Cons

    - Their product is bad
    - On the inside, their system is orders of magnitute worse than their mediocre product
    - They're overly political. For example, they set deadlines for major projects to be the department head's birthday. New features are decided at the whim of upper management, not because they would improve the product or have a chance at succeding.
    - All the good engineers leave as soon as they realize what shithole they've trapped themselves in. You have to work with college gradas who don't know any better and those too lazy and too scared to leave.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 7 people found this helpful  

    Horrible Working Environment - Terrible Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Developer  in  New York, NY
    Former Employee - Senior Software Developer in New York, NY

    Pros

    $ - The money is good. The benefits are excellent. The perks are wonderful. The bonuses are large. The regular employees are awesome, and fun to work with.

    Cons

    Management is ineffective at best, and incompetent at worst. The entire company is very much a cult of personality. There is a massive "not invented here" complex. Managers that have risen through the ranks over the last few decades are very stodgy and outdated in their ideas about business and development best practices. I got negative performance reviews for mentoring others as the most senior developer on the team. Management did not understand the problem space at all - web development - and this made it very difficult to have non-stressful conversations with them. Some teams at Bloomberg are better than others, mine was generally recognized as the worst. The entire team went to senior management with complaints about the problems with out direct manager, but nothing was ever done.

    Advice to ManagementAdvice

    The management that has risen to the top is often only concerned about saving their own skin. Blame passing down to the lowest level is frequent rather than having the backbone to assume the responsibility that is in fact on their shoulders. Many tech decisions were made without the input of the resident experts, because management had inflated egos, and zero humility.

    The revered-to-the-point-of-worship "Bloomberg Culture" needs to be flushed down the toilet.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    Horrible interview experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Development Engineer  in  New York, NY
    Former Employee - Software Development Engineer in New York, NY

    Pros

    Living in New York was the only good thing

    Cons

    Unprofessional cheap company that treats its employees like crap

    Advice to ManagementAdvice

    Get a better HR department

    Doesn't Recommend
    Disapproves of CEO
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  5. 4 people found this helpful  

    no career growth, too much favoritism

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

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

    Cons

    no 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 ManagementAdvice

    no advice,

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 3 people found this helpful  

    Skip it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    good benefits, free food, ok reputation

    Cons

    too many to list here

    Advice to ManagementAdvice

    stop trying to be a finance company. embrace technology

  7. 3 people found this helpful  

    Decline and Disarray; Kafkaesque; Fear and Loathing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Content Strategist  in  New York, NY
    Current Employee - Content Strategist in New York, NY

    Pros

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

    Cons

    Peter 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 ManagementAdvice

    Get some steak.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 4 people found this helpful  

    Depressing environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Developer  in  Skillman, NJ
    Former Employee - Senior Software Developer in Skillman, NJ

    Pros

    Slightly higher pay compared to industry

    Cons

    No career advancement, Old technology, ruthless management, very busy and highly stressful.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 4 people found this helpful  

    Where promising careers go to die

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer  in  New York, NY
    Current Employee - Senior Software Developer in New York, NY

    Pros

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

    Cons

    Management 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 ManagementAdvice

    If you want to be a technology company, stop acting like a trading floor.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 8 people found this helpful  

    Analytics/Sales Dead End if there over two years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Sales and Analytics  in  New York, NY
    Current Employee - Financial Sales and Analytics in 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 ManagementAdvice

    - 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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 3 people found this helpful  

    Not Recommended

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Equity Analyst  in  Skillman, NJ
    Current Employee - Equity Analyst in Skillman, NJ

    Pros

    Food is served during lunchtime.

    Cons

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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