Bloomberg reviews

4.0

79% would recommend to a friend

(8,273 total reviews)
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Michael R. Bloomberg and Vlad Kliatchko

84% approve of CEO

73% positive business outlook

Bloomberg has an employee rating of 4.0 out of 5 stars, based on 8,273 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bloomberg employee rating is in line with the average (within 1 standard deviation) for employers within the Tecnologías de la información industry (3.9 stars).

Reviews by job title

8K reviews
2.0
May 4, 2009
Recommend
CEO approval
Business Outlook

Pros

Compensation, Benefits,Good Medical Insurance, 401K Match, Bonus

Cons

- They use very old Technology (Fortran and C) - Everything Homegrown and Proprietary and doesnt work well. Infrastructure is full of Bugs. - Inexperienced and Not-at-all-Worth Managers. - They want to do everything in a Hurry. Pushes you out of Limits, - Long Long Working Hours often pushed by Managers. - No recognition for Hard work. - Proprietary DB/UI framework everything is from Stoneage and full of bugs making Programmers life a Hell. - Hectic Work Env.

4.0
Jun 17, 2008
Recommend
CEO approval
Business Outlook

Pros

Drawing points for Bloomberg: great compensation/packages, intelligent co-workers, industry leader. At work you'll be working with some very intelligent people, some known widely throughout the industry. It's also nice to work for a company that is the industry leader in financial data and news - it blows all competitors out of the window. Depending on your personality, you may or may not like the fact that the pace at Bloomberg is very fast. Unlike traditional software companies, where time is spent on requirements gathering and design, Bloomberg emphasizes time to market and getting things out the door: software moves once a week, not once a year like other companies.

Cons

The technology is ancient (the majority). A lot of programmers are simply maintaining legacy code (fortran, c) that cannot be retired or converted. The company also uses a TON of proprietary software, all developed in-house. For example, they've created their own Service oriented architecture (ala WSDL), two home-grown databases, entire UI framework, and other things. It's very easy to get "stuck" at bloomberg because you might be using proprietary tools 75-90% of your day! Also, there is an entire lack of structure when it comes to the software development cycle. Projects are handed out with no formal written documentation: let me repeat, NO formal written specs! There is also NO official testing (no qa teams whatsoever!). The programmer is expected to perform the testing of their applications.

1.0
Mar 28, 2025
Recommend
CEO approval
Business Outlook

Pros

* Work-life balance (the sharp 6 pm finish) * Amazing pantry with unlimited snacks and drinks * Great perks and private insurance are available * The majority of colleagues are nice and talented * Relatively good salary for new grad

Cons

* Micromanagement? 1)Your schedule is always pre-determined 2 weeks in advance by the scheduler (usually are the managers) on behalf of you, meaning your lunch break time varies from day to day, and you may not even have any OFF helpdesk break time if you don't get well with the scheduler; 2)No option to WFH for the first 6 months because they don’t trust you; 3)Your toilet break time is counted as a part of your “efficiency” metrics; 4)some language groups face an excessively bureaucratic process for booking annual leave, requiring approvals from 3 different managers that can take 2 weeks. * The job itself? 1) You are just in the glorified call center, a help desk robot, who spends 6 hours a day constantly responding to 3 client queries at the same time. In the 1st stage, you will handle those minor and often trivial questions such as “why does the BBG terminal keep making the sound” / “How to change my chart color” / “CALL ME NOW”. In the 2nd stage, you are expected to guide clients on retrieving data through unnecessarily complicated pages, as well as do their work for them, such as “Can you complete all the data in my Excel file for me?” / “Can you replicate this chart for me? I don’t know where does it come from though”. When you are finally OFF the helpdesk, you are required to make at least 3 cold calls per hour to bother clients about outdated functions with minor updates. 2) Every communication you have with the client is constantly monitored by senior colleagues and managers. You may be marked down for reasons such as: a)you did not call the client when they went idle or left the helpdesk chat room (not fast and thoughtful); b)your greeting messages were deemed insufficiently empathetic (not clear answer); c)you took over 5 minutes working on a solution rather than immediately escalate it to your colleagues(not fast and thoughtful) etc. 3) They only care about your metrics, rather than you as a person. They constantly compare your KPI metrics with the "peer average level," but you have no idea who your peers are or how the calculations are made—despite their emphasis on “transparency.” You are treated like a robot, judged solely by KPI performance metrics rather than as a real human being with talents in different areas. As a result, some people game the metrics and form nepotism. *Leadership & Management? Leadership quality varies widely. While some leads demonstrate strong leadership and support, others create an exclusive and unbalanced work environment. Favoritism can be a serious issue at Bloomberg, with certain individuals receiving faster promotions and higher bonuses despite having below-average KPI metrics. Opportunities will be blocked for those who don’t engage in favoritism, preventing victims from advancing within the department

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