Bloomberg reviews

4.0

78% would recommend to a friend

(8,240 total reviews)
avatar

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 8,240 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
3.0
Mar 5, 2021

Good first job out of school, not much else

Recommend
CEO approval
Business Outlook

Pros

Decent starting pay for a first job Good benefits Free food Big name to put on your resume Learn some transferable skills

Cons

Insane amounts of red tape when trying to implement anything new. Bureaucracy is overwhelming. Takes an hour to update small code changes and then weeks to move it to production. Too many cooks in the kitchen when trying to build things, so very little actually ever gets done. Toxic culture and politics in certain departments (have worked in several teams, some are better than others). Most managers are just ladder climbers who have stayed at the firm for 4+ years. Most have drank the proverbial kool-aid and ignore all blatant problems that might make them look bad. Company pretends to have a google-esque tech culture, but aside from the food and benefits, is extremely static and hierarchical. Bloomberg hires many very smart people fresh from college, but there is still super high turnover rate. Analyst roles are just glorified customer service, and tech roles are just duck taping and dealing with technical debt. Most of the actual talent leaves after a year or two to better tech companies or financial firms.

2.0
Feb 3, 2020
Recommend
CEO approval
Business Outlook

Pros

The best thing and most grateful is to start within a class of 20+ people and together go through the same bad experience. Becoming stronger together and helping each other every day

Cons

Worst Micromanagement , NOTHING is like they describe or sell the job like. There is a reason why every month a new class is starting - because after couple months people quit. it’s like a call center , a help center , every step and breathe you take is monitored on statistics. How often you leave your desk How often you take a break How often you run to the toilet How many tickets you solve within a day How many calls you make Nothing to do with the financial markets, your job is to help the clients how to use Bloomberg so they can trade properly .. meaning - they will come to you when their chat is glitching, where to find specific things, how to put data in excel etc pp. You will become a Bloomberg product yourself by that time. You’re so much under time pressure to solve as many client tickets as possible because the whole world is using Bloomberg to trade and everyone has questions on how to set up an alert or change the language etc. If you’re longer than a year there, 90% of the people start to accept their miserable life and get sucked into just answering questions day to day and get paid for it. If you’re not ambitious and don’t have big goals , don’t want to get into finance / banking then you probably will enjoy it.

2.0
Nov 7, 2019
Recommend
CEO approval
Business Outlook

Pros

Competitive pay (although they're whittling it down fast), decent health care, 401(k), free snacks and coffee.

Cons

What little journalistic talent remains at Bloomberg News is no match for the mass of mediocrity that has risen up there. In the past five years, the standard of quality has gone from excruciatingly high to preposterously low. While political correctness and identity politics run rampant, gender discrimination is still quite prevalent, despite all the internal corporate propaganda stating otherwise. And nobody, man nor woman, should feel comfortable growing old there. Experience has become a liability as the company is clearly focused on lowering the average age (and salary) of non-management employees through attrition, targeted layoffs and firings. You shouldn’t consider Bloomberg News as a mid-career journalist. If you’re age 40 or older, don’t even bother applying. You probably won't even land an interview, let alone get hired. They have been actively recruiting minorities and LGBTQ people, though. So there might be some exceptions if you fit any of those categories. It does seem like a good fit for a kid just out of college looking to get some experience and then move on to something better. Sadly, it’s become that kind of place.

Viewing 190 - 192 of 8,240 Reviews

Glassdoor has 10,085 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.