falling angel: It was good company, but not any more..... - Financial Software Developer Bloomberg Employee Review

1.0
Sep 9, 2012
Recommend
CEO approval
Business Outlook

Pros

- Free sneaks (but the selection has become worse) - Nice office building in good location - More stable than investment banks and other financial service firms

Cons

- No privacy in the office - Small desk, no cubical - Cost cutting: benefit has been reduced year over year and getting worse - Slow growth - No more free medical insurance. Use to be free, but now the company charge insurance premiums. - High turnover. Many people leave within 2 year or less. - very political place, very hard to get things done. Senior management does not want to take risk by invest in new projects. - flat structure, hard to grow. - Long working hour - Below market average compensation

Explore other reviews about Bloomberg

5.0
Jun 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company, in this role you have the chance to learn about the financial markets, the terminal, and also you get client exposure.

Cons

Not really cons, culture is great.

4.0
Jun 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Opportunities to do lots of work with data and finance to apply knowledge in both programming and Subject-Matter Expertise (SME). Excellent Work-Life Balance (WLB) and extremely welcoming culture. You can reach out to anyone for help or just to talk, and they will get back to you (although management does require more scheduling in advance). Generous compensation (good wage) and benefits, including housing for interns. If you heard the rumors that the Bloomberg Princeton office has a great Bloomberg Pantry (read: company-provided breakfast and lunch), the rumors are true.

Cons

Not the place for those looking for cutting-edge AI. The company is not as fast with AI as the company prioritizes reliability and accuracy above all, and much of AI is not at an acceptable threshold for management to be willing to take that risk with financial data (at least in 2026). You may get a project to automate menial processes, which is really cool, but that tends to involve actually doing the menial processes, which feels unproductive. Princeton office is good but New York is considered preferable. Coworkers are not very reachable outside of work hours. Compensation is low in Data compared to Software Engineers.

See reviews by: Helpful|Rating|Date|All