Bloomberg reviews

4.0

79% would recommend to a friend

(8,256 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 8,256 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
1.0
Mar 31, 2014

False Hope

Recommend
CEO approval
Business Outlook

Pros

Seemingly great opportunities - not on the legal (product & data) side. Financial side poses much better chances for long-term growth.

Cons

Limited growth potential. Team Leaders & Mangers do very little to encourage individual growth. Far too great an emphasis on individual metrics, rather than long-term growth with company.

1.0
Feb 7, 2014

Emperor's New Clothes

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Like everyone else says, free food, good health care, decent location in NYC, lots of vacation time (which you will need every second of).

Cons

Where to even begin? Do not join, unless you must: - 1984 Orwellian style fear based management. You are literally being spied on. - Team Leads who generally tend to be 22 years old and incompetent. They prey on young kids because they can mold them and they are too inexperienced to know they are being manipulated. Ever wonder what it's like to have an ivy league degree and10 yrs experience and be told your new boss just graduated from some community college in NJ and has six months experience? Work here if you'd like to find out. - Churn and burn. Every year they have to have a new crop of analysts coming in to replace the people that quit. In the past 6 months, half my team has left. Some even left having nothing else lined up. - They simply do not want to accept that no one is going to pay 20K/yr for a terminal that looks like it is from 1980. Why should they when most of that data is free? - Rather than berate their employees for violations such as not showing a positive attitude in the face of declining sales, they should instead spend that time checking out the competitors that are about to eat our lunch. Even the mainstream press has picked up on this. - It is a fact that many top banks no longer use the terminal. Not least because they discovered Bloomberg was spying on them thru the terminal. This information can be freely found doing any basic web search. That giant whooshing sound is the sound of customers leaving. But the management is asleep at the wheel and their response is to focus MORE on the terminal. Heard of the Emperor's New Clothes? - Apparently their HR dept spends much of their time writing fake reviews because in my time hear, I have never heard anyone speak so highly of this company. Unless they are heavily medicated from the stress of working here.

1.0
Feb 27, 2013

Bloomberg will ruin your career, get out while you still can.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very good health benefits, good amount of vacation

Cons

In my department, not one person in senior management cares about anything else but furthering their own careers. We are constantly told to take risks, collaborate, and be innovative, yet the second anyone goes out on a limb, they are reprimanded for not conforming to standards. Management systems are outdated and uninspiring. Almost everyone I work with is miserable and either feel trapped due to needing job stability or are counting down the days until they quit. I have never seen a workplace with such low morale and fear. HR and upper management try and get the most amount of work out of you while paying you the least amount possible. The amount of money wasted on consultants and incompetency is astounding.

Viewing 172 - 174 of 8,256 Reviews

Glassdoor has 10,102 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.