Bloomberg L.P.

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6 people found this helpful  

In you are in software development - Run do not walk

Senior Software Developer (Former Employee) New York, NY

ProsHealth benefits are great. 401k, vacation time are better than average. Other than that there really are no pros to working at Bloomberg.

ConsI worked at Bloomberg for about a year. From the time I started my marketability went straight down. As a developer you will become completely useless to any other company in short order. You will likely work with outdated things like Fortran, Cobol or even Bloomberg's proprietary RDMS. They actually think little Bloomberg can outdo Oracle with their millions of man hours invested. Management in software development is completely clueless about everything computer science related. This is a place where management worries about what time you come in and building little clicks to start problems where there are none. If something "bad" happens to any part of the software in your group be expected to have a meeting where 10% of the time will be spent on fixing the problem, 90% of the time spent on figuring out "who to blame" and 0% time will be spent on figuring out how to prevent it again. The place is run like big brother, security is watching you everywhere and the DO READ every email message you send or receive on your private email accounts - use your cell phone only! If you are unfortunate to have taken a position there you would be advised to keep your options open if another position comes along at another company. The longer you stay there the more damage you are doing to your career.

Advice to Senior ManagementLearn some modern day working environments for software development.

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

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

     

    What you make of it

    Software Engineer (Current Employee) New York, NY

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


    Pros: Opportunities are there for those with initiative...Great job security. Cons: Some oddities with the culture. Advice to Senior Management: Don't drink all of the kool-aid Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good experience at a good company

    Financial Software Developer Intern (Former Employee) New York, NY

    I worked at Bloomberg L.P. as an intern for more than a year


    Pros: The pay is good, the people are smart, the snacks are free. Work is generally interesting, and a… Cons: Developers often have to support legacy software that has no chance of ever being replaced. The company has some really proprietary practices, architectures, etc.,… Advice to Senior Management: Give interns more choice in what division or team they work… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
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