Bloomberg L.P.

www.bloomberg.com

Bloomberg L.P. Reviews

Updated January 24, 2015
Updated January 24, 2015
1,301 Reviews
3.6
1,301 Reviews
Rating Trends

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

Review Highlights

Pros
  • great work life balance - like being in school though (in at 8 on the dot and out at 6) (in 69 reviews)

  • When free food is the bigger pro you can think of, there isn't much to like about (in 173 reviews)


Cons
  • Poor work-life balance; Peter Principle in effect company-wide; generally chaotic (in 34 reviews)

  • Long hours, for a account manager to work 8-6 plus travel, this is rather demanding (in 75 reviews)

More Highlights

134 Employee Reviews Back to all reviews

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  1. 4 people found this helpful  

    discriminatory job practices against older employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Help Desk Analyst in Arlington, VA
    Former Employee - Help Desk Analyst in Arlington, VA

    I worked at Bloomberg L.P. full-time (more than 10 years)

    Pros

    Their was a great all-expenses-paid break room for the employees.

    Cons

    No transparency. Work overloading due to faulty performance analysis systems. No chance for lower level employees to concentrate job specifics or move up unless your are very attractive.

    Advice to ManagementAdvice

    Value people who have served your company with their hard work ad loyalty or it will come back upon your company's reputation and its long-termed profits.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 6 people found this helpful  

    These reviews are weird!

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

    I have been working at Bloomberg L.P.

    Pros

    Nicer to be employed than unemployed.

    Cons

    Knowing the employee turnover and general opinions of employees (that you hear in the office), I don't understand who writes these 4-5 star reviews? Bloomberg HR maybe? My recollection is that pretty much everybody plans on leaving when the first opportunity comes, as the company is rotten to the core. The managers are either young pets, who are brown nosing the seniors, or mediocre "Tony Middle Level Manager"s, who have stayed at Bloomberg since 1986, as they are too incompetent to get a job anywhere else.

    In London, the turnover is the highest, and in Princeton some people stay longer as they are less other opportunities around. Bloomberg is not the first choice for anybody! People work at Bloomberg only because they have to.

    Advice to ManagementAdvice

    Employees are not a commodity. Do to high turnover, many of your employees go to work for your clients. This makes your sales efforts very difficult, as your former employees don't want to see a terminal on their desks for a justified reason.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 5 people found this helpful  

    Micro Managed to the extreme and No career Growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - There Are No Titles In This Company in New York, NY
    Current Employee - There Are No Titles In This Company in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 3 years)

    Pros

    - Free food
    - Good benefits

    Cons

    - Micromanagement
    - No career growth
    - Legacy technology
    - Glass wall for International Employees when it comes to management

    Advice to ManagementAdvice

    Stop using Bloomberg Culture as a justification to hide your insecurity. Bring back job titles and please stop micro managing employees.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
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  5. 5 people found this helpful  

    Good Luck, it USED to be the best place to work!

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

    I worked at Bloomberg L.P.

    Pros

    They have a cappuccino machine

    Cons

    Overbearing micromanagement squashes individual creativity

    Advice to ManagementAdvice

    Let your people breath, please.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 6 people found this helpful  

    bad to people and employee

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bloomberg L.P.

    Pros

    it is pretty big and famous

    Cons

    but very rude to people

  7. 9 people found this helpful  

    Back to Kindergarten, they micromanage and treat people like kids

    Former Employee - Sales Representative in New York, NY
    Former Employee - Sales Representative in New York, NY

    I worked at Bloomberg L.P. full-time

    Pros

    -free snacks
    -invites to VIP events

    Cons

    -"big brother" system: everything is logged, anyone in the company can see your time of arrival, your reports, personal calendar, client appointments etc..including people that you don't know and with whom you won't even ever work.

    Advice to ManagementAdvice

    treat people like responsible adults and they will behave accordingly, treat them like kids and they will find the flaws in the system to behave like kids.

  8. 7 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

    I worked at Bloomberg L.P. full-time (more than 5 years)

    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
  9. 8 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

    I worked at Bloomberg L.P. full-time (more than a year)

    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
  10. 3 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

    I worked at Bloomberg L.P. full-time (less than a year)

    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
  11. 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

    I worked at Bloomberg L.P.

    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

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