Bloomberg L.P. Reviews | Glassdoor

Bloomberg L.P. Reviews

Updated February 24, 2017
219 reviews

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  1. Helpful (2)

    "Working at Bloomberg"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Bloomberg L.P. full-time (More than 10 years)

    Pros

    Dynamic environment but narrow minded

    Cons

    No diversity in management and old culture that is very white. Also, no work life balance

    Advice to Management

    Promote and support minorities and women. Increase work life balance


  2. Helpful (2)

    "Terrible Senior Management (NDIS team)"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Network Engineer in New York, NY
    Former Employee - Network Engineer in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    - Open environment, great communications
    - Access to Bloomberg Terminal

    Cons

    - Terrible upper management, many with BS degree's
    - Lack of understanding of technology
    - No career planning for employees
    - Really bad immigration team
    - Terrible workplace for people with Advance Degree
    - Noisy WORKPLACE

    Advice to Management

    Comments heard from Senior managers:
    - We don't believe in PhD's
    - You have no option in the meeting
    - They don't keep promises and WHEN confronted say we have no contract
    - The won't pay your compensation


  3. Helpful (3)

    "Worst Possible Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Some of the best colleagues I've ever worked with - very diverse crowd.

    Cons

    Most incompetent, arrogant, prejudiced management I've ever encountered. Most have a rather large chip on their shoulders. Too much power in the hands of too few.

    May depend on departments - but I certainly saw no room offered for growth.

    No work-life balance, they expect you to be on-call 24-7.


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  5. Helpful (5)

    "Top-down management doesn't know tech."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in New York, NY
    Former Employee - Software Developer in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    good insurance, benefits, 401k.
    fancy building, free snacks.
    However, any other tech company would have at least this level of benefits.

    Cons

    terrible for career growth as a software developer. You cannot learn from doing the work. You have to learn by yourself. Because they use outdated tech, you will have hard time switch jobs to a real IT company.

    Advice to Management

    If you haven't worked in other places, you do not know the outside world. You are living in a bubble. Look outside and learn how to write good code.


  6. Helpful (6)

    "Former Senior Software Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in New York, NY
    Former Employee - Senior Software Engineer in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bloomberg L.P. full-time

    Pros

    Benefits are pretty good. Free snacks & coffee are appreciated but limited. Initial training is very well constructed.

    Cons

    Salary and bonus are very bad for the area. Almost no chance for promotions or raises. Ancient codebase doesn't fit in with a "modern" company. Everything is proprietary so there are 0 transferrable skills. Join for a good name on a resume, but leave before you get sucked in. Name recognition is the only good takeaway while working here.

    Advice to Management

    Stop supporting BDE. There are much better solutions out on the market than the internally developed ones. No engineer wants to be stuck in a dead end position where they don't grow their skillset.


  7. Helpful (6)

    "Your job marketability will sink"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Developer in New York, NY
    Former Employee - Senior Software Developer in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Other than compensation and benefits, there are none.

    Cons

    Working with antiquated technology all the while being micro-managed. You will have very little freedom to make improvements

    Advice to Management

    Overhaul yourselves.


  8. Helpful (2)

    "Layoffs!"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Does it really even matter? Work hard, get good reviews, be a model employee and then get laid off.

    Cons

    Every six months or so this company goes through a convulsion which results in employees losing their jobs. Unfortunately some of the changes seem to be more the result of political infighting at the top rather than a change in strategy. While Bloomberg claims to be a meritocracy this doesn't appear to be the case when laying off employees. I've seen extremely hard working, talented, loyal employees get the boot while incredibly inept and incompetent workers are retained. Management likes to boast that they never lay anyone off without first offering them another job in the company. I don't know anyone who's been offered another position.

    Advice to Management

    Why does a company with an estimated $3 billion profit for 2015 layoff employees?


  9. "sales manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at Bloomberg L.P. full-time

    Pros

    good company at terminal level

    Cons

    terrible media company. worst management ever

    Advice to Management

    GFY


  10. Helpful (2)

    "Great place to be if...te gusta mucho trabajo!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in New York, NY
    Former Employee - Sales in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Somewhere to work as a backup plan between jobs.
    Free toilet paper.
    Free snacks.
    Free training how to be a better Bloomberg employee.

    Cons

    Stacked ranking
    Stacked ranking destroys a culture. Period. Speaking teamwork is lipservic, but really there are no teams or in other words you are a team of one since stacked ranking. Best to the hard-working employees trapped there with no place else to go.
    B and C bosses, which means if you are an A player you will not be promoted as that would upend the B and C bosses. True or I couldn't say it.

    Advice to Management

    No advice to management or else I'd have to bill you for it.
    Actually you are your own just rewards, since your company is in big trouble, the industry is evolving and terminals have stopped growing you will have to deal with an irate mayor B who will demand more busy work.


  11. Helpful (10)

    "Global Data Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Global Data Analyst in Skillman, NJ
    Former Employee - Global Data Analyst in Skillman, NJ
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Bloomberg L.P. full-time (More than 3 years)

    Pros

    The office is sleek and modern. Fish tanks line the walls and the glass door conference rooms create an open atmosphere. The kitchen has a lot of healthy snacks and 3 free meals a day is a luxury most other offices don't have.
    The people for the most part are all really nice and there is a good feeling of camaraderie amongst a lot of the younger analysts.
    The salary and the benefits are second to none and the global company events like the New York summer picnic as well as philanthropy are amazing.

    Cons

    Ok, here it goes. This office is a sinking ship. The entire department is an outdated mix of 20+ year analysts who are so complacent in their current roles that the first whisper of automation makes them cringe with the thought of losing their jobs. The attrition rate among younger employees is astronomical as they realize within 6 months of being there that this is the biggest waste of time and effort since their freshmen year art elective.
    If you enjoy working with data, and by that I mean entering digit after digit without giving any thought whatsoever to what it means, and who uses it, then send in your resume their looking for people like you.
    There is no room for growth, although they will tell you differently through all the different seminars and information sessions. You start in data, you will end in data, unless you actively look for something better outside the company. And the reason for that brings me to my final point...
    The upper management of Global Data in Princeton, NJ is the most inept, unintelligent, smug, condescending, bureaucratic, and just downright incompetent bunch of individuals to run a department. Most of them have been there since the building was opened, which somehow legitimizes there sense of entitlement. They preach transparency and collaboration yet they offer no insight and no growth opportunities, unless that means making their jobs easier so they have more time to talk about little league in the kitchen. They pick favorites with a nice smile and they let the rest fend for themselves. If you have any sense of self-worth, keep searching Glassdoor for jobs.

    Advice to Management

    Engage the skilled employees or watch them leave.



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