Bloomberg L.P. - Avoid if at all possible. | Glassdoor
There are newer employer reviews for Bloomberg L.P.
There are newer employer reviews for Bloomberg L.P.

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Helpful (7)

"Avoid if at all possible."

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

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

Pros

Nice building, nice fish, free snacks, good benefits, socially conscious, stable job.

Cons

There are those that love it and I can only speak from my own experience, what you find will vary greatly from team to team. What I found is absolutely no career path or advancement potential of any kind for technical people, You are a "programmer bee" and that's the extent of what the company wants/expects from you. Much of the work is tedious and menial, there's a fanatical dedication to proprietary tools and methods (which as an experienced senior hire I really wasn't impressed by), no project management, poor planning. It's a stifling, oppressive place that cripples all their best, most creative people. R&D is a massive sweatshop that relies on an constant stream of incoming H1Bs and fresh college grads they can get to before they learn anything that might make them attractive to another company. All in all I'd say that if you're an experienced programmer with skills in legacy systems, or a recent college grad that can't find work, or you need the stability and benefits to support your family then it might be worth it.

Advice to Management

Reconnect with some of the people developing your product, there are some really talented people there but your own polices and practices make it impossible to get real results. Get that terminal out of the 80's before a real competitor emerges. Focus less on programming and more on development of your core product(s). Involve them in the decision making process, you'll be surprised that they know more than you think.

Other Employee Reviews for Bloomberg L.P.

  1. "Great company to start in the financial markets"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in New York, NY
    Former Employee - Account Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great training programs and seminars

    Cons

    Company does not take the employee´s strength when promoting, they will promote just to promote and will not listen to the feedback of the employee

    Advice to Management

    Listen more to employee feedback and try to put people where they will feel more confortable


  2. Helpful (4)

    "discriminatory job practices against older employees."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Help Desk Analyst in Arlington, VA
    Former Employee - Help Desk Analyst in Arlington, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Their was a great all-expenses-paid break room for the employees.

    Cons

    No transparency. Work overloading due to faulty performance analysis systems. No chance for lower level employees to concentrate job specifics or move up unless your are very attractive.

    Advice to Management

    Value people who have served your company with their hard work ad loyalty or it will come back upon your company's reputation and its long-termed profits.

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

See Most Recent

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