Bloomberg reviews

4.0

79% would recommend to a friend

(8,279 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 8,279 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
1.0
Jul 25, 2022
Recommend
CEO approval
Business Outlook

Pros

- Fair amount of stability, ie. you don't get sacked unless you make a really big mistake - Nice offices with snacks and travel policy - Some colleagues can be very smart - They try to do a good job with Diversity & Inclusion Mind you: many of the above pros may even disappear once the company is sold, which is highly likely to happen in the next few months/years (google it)

Cons

- Horrible culture of micromanagement: your boss is always looking on the system what time you arrive in the morning, go out for lunch, leave the offices. You can't be there a single minute after 8AM or leave a single minute before 6PM. That's the case no matter how senior your job may be, with the exception of a few lucky ones that get a really nice manager, but then that gets changed very often as well; - Idea that "success needs to be painful": you're constantly asked to take courses and exams of the product in your own time (ie. evenings and weekends), they name & shame amongst management who passes and fails the exams; - Related to the above, you're also expected to travel for work very early in the morning (5-7am) and 6pm onwards so you can work the full day in the office and only then head to the airport, so again, using your own time for work; - If you work in Sales or Analytics, a good half (easily more) of your customers will be unhappy with Bloomberg (they only have it because in many areas they have a monopoly), so you'll be in a situation where your managers are pushing you every Monday morning in the Sales meeting to sell more but your customers will just be complaining about product bugs every time you see them - particularly if you look after any of the Enterprise products instead of the terminal; - Call centre culture: it doesn't matter what department you're in, can be Analytics, Sales, Finance, HR or anything - all your tasks are being tracked in a case management style system that tracks when you got a request (in HR to issue a salary letter, in IT to provide an employee a new laptop, in Analytics to answer a query from a client, etc), when you closed the request, how long it took, how that compares vs the avg time and number of requests that peers in your team processed and then, again, your manager randomly reviews your work and scores you; - Lots of politics: literally management has sometimes said in small forums that it's not about doing a good job but about your personal marketing. Mind you, this may be the case in lots of jobs, but Bloomberg takes it to the extreme, where it's about 70% about sending out emails and chats shouting about every little thing that you do, with only 30% being about actually doing things that deliver value. You won't progress your career unless you "play the game" Reach out to people on LinkedIn who both work there as well as HAVE WORKED there and ask them about the culture before you join.

3.0
May 10, 2022
Recommend
CEO approval
Business Outlook

Pros

The benefits are simply outstanding and it's a company that doesn't put up with disrespecting peers, so it's a Stepford Wives vibe where everyone needs to buy into the system; stable employment and almost impossible to get fired (including a direct report -- with years of documented underperformance under several managers -- I was told I had to "manage up" rather than let go); then once managed up was told by my manager it's a shame this person now couldn't be let go. Strange place to work.

Cons

White-collar sweatshop where Mike and his cronies talk a great game about employees getting out and doing community service and having a quality of life and such but really don't; you're subjected to 10+ hour days (the unwritten rule) and pinged on weekends. Need to be a Cool Aid drinker to relish working there. Micromanagement is overboard. Antiquated work tools.

2.0
Apr 1, 2022
Recommend
CEO approval
Business Outlook

Pros

-Looks great on a resume

Cons

-You will be micro-managed -- you're boss knows if you've been away from your desk for more than 15 mins. Team leaders roles are just to micro manage -There is no career growth -There is no diversity at management levels. Entry level teams are diverse, but there are few women/POC in management roles. -Sales is an adult frat house. That is the culture Bloomberg promotes -The pay is terrible. You will be gaslight my HR/management when asking about raises/comp. In most cases, if you change roles within the company HR does not provide details about salary changes -TLDR, when I decided to leave the company I got 4 competiting offers all doubling my Bloomberg salary

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