Bloomberg L.P. - In you are in software development - Run do not walk | Glassdoor
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There are newer employer reviews for Bloomberg L.P.

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Helpful (9)

"In you are in software development - Run do not walk"

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  • 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
Negative Outlook
Disapproves of CEO

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

Pros

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

Cons

I 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 You will likely work with outdated things like Fortran, Cobol or even Bloomberg's proprietary RDMS.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 Management

Learn some modern day working environments for software development.

Other Employee Reviews for Bloomberg L.P.

  1. Helpful (1)

    "Easy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader in New York, NY
    Current Employee - Team Leader in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    Easy, hard, neutral, simple, strange

    Cons

    micro managers, not challenging, few career options

    Advice to Management

    ...Easy, hard, neutral, simple, strange


  2. Helpful (2)

    "[R&D] dead end and very dissatisfying for experienced new hires"

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

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

    Pros

    Please enter at least 5 words.

    Cons

    Immature team-leads / line-managers
    Low pay.

    Advice to Management

    Promote capable senior hires to team lead/management role, promote software industry management style as opposed to financial industry style that doesn't work and you know it.
    Increase salaries.

There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

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