Bloomberg L.P. - Horrible Working Environment - Terrible Management | Glassdoor
There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

See Most Recent

Helpful (11)

"Horrible Working Environment - Terrible Management"

StarStarStarStarStar
  • 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 (More than a year)

Pros

$ - The money is good. The benefits are excellent. The perks are wonderful. The bonuses are large. The regular employees are awesome, and fun to work with.

Cons

Management is ineffective at best, and incompetent at worst. The entire company is very much a cult of personality. There is a massive "not invented here" complex. Managers that have risen through the ranks over the last few decades are very stodgy and outdated in their ideas about business and development best practices. I got negative performance reviews for mentoring others as the most senior developer on the team. Management did not understand the problem space at all - web development - and this made it very difficult to have non-stressful conversations with them. Some teams at Bloomberg are better than others, mine was generally recognized as the worst. The entire team went to senior management with complaints about the problems with out direct manager, but nothing was ever done.

Advice to Management

The management that has risen to the top is often only concerned about saving their own skin. Blame passing down to the lowest level is frequent rather than having the backbone to assume the responsibility that is in fact on their shoulders. Many tech decisions were made without the input of the resident experts, because management had inflated egos, and zero humility.

The revered-to-the-point-of-worship "Bloomberg Culture" needs to be flushed down the toilet.

Other Employee Reviews for Bloomberg L.P.

  1. "Bloomberg is a stressful employer and it does not live up to the potential it has."

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

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

    Pros

    The Compensation is Above Average , The Benefits Package is Among the Best if Not the Best in Broadcasting, The Snack Bar Provides Healthy Choices that Can Amount to Small Meals and There is an Opportunity to Work With Some Very Talented Peers.

    Cons

    The Stress Level is Unecessarily High, There is a Level of Fear and Intimidation that Can Border on Abuse, The Expertise of Its Employees is Often Ignored and Its Commitment to Produce A Competitive TV Product Independent of the Terminal, Terminal Customer and the Print Division No Matter How Often It Was Verbalized Was Just Lip Service

    Advice to Management

    Eliminate Intimidatio; Appreciate The Employees; Utilize and Trust Employee Talents; Promote Work-Life Balanance


  2. Helpful (1)

    "Good first step in your career"

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

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

    Pros

    Very good lifestyle with great hours and fun environment. Very young talent and work closely with other business units.

    Cons

    Money is not a reason to come to Bloomberg- rather for a lifestyle change.

    Advice to Management

    Work closer with middle managers to make sure sales quotas are hit.

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

See Most Recent

Work at Bloomberg L.P.? Share Your Experiences

Bloomberg L.P.
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or