Bloomberg reviews

4.0

78% would recommend to a friend

(8,239 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 8,239 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 Information Technology industry (3.9 stars).

Reviews by job title

8K reviews
2.0
Dec 8, 2021
Recommend
CEO approval
Business Outlook

Pros

Provide great health and 401k benefits, free food, $75 daily COVID stipend for traveling etc

Cons

Team leaders and managers dont know what theyre doing, the pay is HORRIBLe and everyone is leaving because of it, which makes the lives of people who are still here even worse as work load continues to increase due to mass exodus with management working really slow to find replacements. basically, at this point, everyone is looking for a way out and people are only here while they are on their own job hunts. Maybe new hires might get competitive pay but people who have stuck around get really bad pay, with horrible increases each year. For reference, my current job on the street can make 40-50k more than what i make at bloomberg. They take advantage of young adults in their 20s and trap them in with this notion of a great company but then once youre hired, never looked at again for meaningful salary increases. If the current rate continues, Bloomberg wont have any employees with useful knowledge, and subject matter experts left. Theres a reason theres a mass exodusy They have also forced return to office for people in global data which is not necessary. They are not flexible with you working from different offices either, despite managemet emails claiming them to be. Currently, you have to go into the office 3 days a week, and as with everything at BLoomberg, your calendars are tracked and management is notified when you dont do this. If youre looking for a flexible working experience, Bloomberg is not the answer for you.

1.0
Mar 24, 2020

Culture going downhill

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

At the start of my time I loved the scrappy culture, they drive to succeed and fail fast.

Cons

Over time the culture eroded, toxic personalities crept in, the HR group is inefficient and unhelpful. Teams lack accountability, there is quite a bit of deadweight and the culture people knew and loved is gone. Employees are no longer valued.

2.0
Oct 21, 2019
Recommend
CEO approval
Business Outlook

Pros

Large organization with a global presence, benefits and snacks are generous.

Cons

You'll notice that all the 4 and 5 star reviews are from junior employees with less than 2 years at the firm or from H1B's glad to have a job, they're enamored by the free snacks and sponsorship. I've been with them for over a decade and have gotten to see this company get worse over the years. It used to be a great company that looked after its employees, but over last 2 years they have been looking to get rid of anyone with a decent salary and tenure. Have been replacing with kids out of college at a fraction of the salary and zero experience then working them to death, turnover is staggering with very high numbers of new recruits leaving within the first 2 years. Sales managers have almost no experience of selling and are promoted only for their micro management prowess. Sales targets are ridiculous and they count net performance, that means that salesperson takes a hit for any removals, but gets NO credit for renewals. Sales is blamed for every removal even though product teams have not developed a decent product in almost a decade, and are obsessed with growing revenue even though there is no new product/service to help in the growth. So their strategy has been to double/triple/quadruple prices for existing services which makes it extremely difficult to have any new sales discussion with this clients, then blame is laid upon the sales force for not hitting ridiculous targets.

Viewing 85 - 87 of 8,239 Reviews

Glassdoor has 10,084 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.