*Avoid employment at Bloomberg. If you do work there, limit your tenure to 2-3 years.The company runs a very extensive corporate propaganda (yes, propaganda!) to make you think that you are part of a big family and the company values people who work at Bloomberg for a long time. It is a lie! I have witnessed employees with 15+ years of dedicated service being demoted, fired or simply forced to leave after working nights and weekends, being on call and overall giving up their lives for years to serve the company. On exit, they would get $0 from the company. One of the managers told me that this company does not appreciate dedication. Despite Bloomberg's claims of fair treatment, the actual experience for many employees does not reflect this narrative.
*I've seen many female employees distressed, often in tears, due to verbal abuse from their (typically male) managers. Complaints to HR were futile as HR consistently sided with management, leading to these women eventually resigning or being fired. The environment remains a 'boys' club' where toxic macho behavior is rewarded. One manager openly bragged about his inappropriate conduct and resulting promotions, confident that HR would not take action against him because he was one of Bloomberg’s “top performers”.
*Bloomberg fosters intense internal competition, pitting employees, teams, and groups against each other, believing it yields superior products. This atmosphere, however, breeds enormous stress and animosity, leading to severe health issues among employees, including heart attacks, collapses and emotional breakdowns at work.
*HR at Bloomberg operates with a level of ruthlessness and insensitivity that feels reminiscent of harsh authoritarian oversight. They are often deployed by management to target employees deemed expendable, regardless of their tenure or contributions to the company. Long-term employees frequently face disrespect and demoralizing treatment upon their departure. HR's practices often lack humane consideration, further contributing to the toxic and unhealthy work environment.
*Rationality and logic often seem absent at Bloomberg. Performance reviews and compensation are inconsistent—exemplary reviews may come with no raise, while poor reviews might result in significant raises. One manager admitted to unfairly criticizing me in my review due to his bad mood, later amending the review but still refusing me a deserved raise.
*Managers operate their departments like personal fiefdoms, making arbitrary and unreasonable decisions. For instance, a department manager openly distrusted employees lacking formal Computer Science degrees, demoting and removing them from key projects regardless of their actual performance or contributions. I asked him what if a person learns independently or on a job and/or takes extra programming courses, his response was no, it would not count. He would demote people because they did not have Computer Science degrees despite their experiences and contribution to the company! This practice was not uniformly applied across departments.
And these issues are just a glimpse of the broader problems at Bloomberg.
