Bloomberg L.P.

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7 people found this helpful  

Working at Bloomberg is like working on a deserted island that you will never get off and so far away from reality.

Software Developer (Former Employee) New York, NY

ProsIf you like bureaucracy, lots of proprietary software development, tons of red tape in getting your job done than this is the place for you! If you have not fully developed your software development skills or like to pretend that you are something you are not, you can likely find your dream job at Bloomberg.

ConsAny skill that you develop while working at Bloomberg as a software developer will be primarily, if not totally, useless to any company that you are looking to move to in the future. Maybe some of the high level skills of debugging and problem solving may be of value but working on proprietary relational databases, proprietary web services, proprietary UI and development tools not to mention out dated programming languages will get you nowhere fast. How a company of this size thinks that they can develop a relational database that is better than say "Oracle" with their millions of man hours invested in their product suite is simply foolish to put it lightly. This is a company that is so stuck in the past with their Fortran code still in use and their flagship product the "Bloomberg Panel" that looks like it was developed in the 1980's with its amber block character email system is just so unbelievable that a company would be so stuck in the past. Their client base is strictly based on the amount of data they provide and clearly not on their innovation of modern software . This a company where you have to fall in line with the management with decades of tenure that will do anything to keep the status quo and their job. By adding layer upon layer of nonsense they can keep building their kingdoms of drones and promoting themselves and their software keeps living in the distant past. It is also a place where big brother is watching you 24 hours a day. Every email that you write is read by security, every phone call that you make is recorded, their are cameras and microphones everywhere. You cannot leave the building unless you check out and security watches your every move. The big brother attitude is unnecessary and you have to wonder how it really helps their bottom line. Bigger companies with much more to lose do not spy this much on their employees. This place is a revolving door; where it looks so much better on the way out.

Advice to Senior ManagementAdvice to upper management would be pointless as they exist in a private bubble.

No, I would not recommend this company to a friend

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

     

    Global Data Analyst

    Global Data (Current Employee) Princeton, NJ

    I have been working at Bloomberg L.P. full-time for more than a year


    Pros: Free food, work/life balance, premier financial data company w/ great… Cons: most managers come from outside the firm, not a lot… Advice to Senior Management: promote from within more often Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Work/Life Balance
    • Career Opportunities

     

    Great learning opportunity

    Junior Financial Analyst (Current Employee) Skillman, NJ

    I have been working at Bloomberg L.P. as a contractor for more than a year


    Pros: Great place to start your career. Ability to learn from… Cons: Position is temporary with virtually no opportunity to get promoted for even those that exhibit talent and solid work ethic. Many full-time employees hardly ever… Advice to Senior Management: Reward those that have shown the necessary ability to contribute… More
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