There are newer employer reviews for Bloomberg L.P.

very good place to work if you love technology

  • 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

I have been working at Bloomberg L.P. full-time (more than 5 years)

Recommends
Negative Outlook
Approves of CEO
Recommends
Negative Outlook
Approves of CEO

Pros

Gives you a lot of freedom at work, encourages changes within the team. Lately they have been lenient in allowing people to work from home.

Cons

Because of being a private company, things change on drop of a hat when comes from top. Sets very high target which causes them to not meet it.

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  1. Helpful (4)

    Great Place to start but..

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

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

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    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 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.

  2. Helpful (4)

    Interesting company, poor senior & middle managment

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

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Bloomberg News is a place where you'll learn a lot, be challenged and work very hard. The company is all changing. There are a lot of talented journalists here, though many are misused. Resources, salary, benefits as good or better than nearly all other news organizations.

    Cons

    One of the unfriendliest, poorly managed places I've ever worked. Many middle and senior managers are poorly trained, with weak skills, even for the news business. Many are promoted more for their ability to dump on their subordinates and sheep-like adherence to the "Bloomberg Way." Managers are routinely rude, condescending and treat people poorly. Most people dislike working here but do it because of few other choices.

    Advice to Management

    Clear out the dead wood at the very top, breathe new life into the place and get do more training for managers. Do 360-degree feedback for all managers at least every 2 years to identify those unfit for their jobs.

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