Emperor's New Clothes - Anonymous employee Bloomberg Employee Review

1.0
Feb 7, 2014
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.

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Pros

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Cons

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1.0
Jun 17, 2026
Recommend
CEO approval
Business Outlook

Pros

- Working hours are a standard 8-5, 7-4, or 9-6, depending on what you are scheduled. - Opportunities to meet great clients - Benefits

Cons

- Terrible analytics managers and TLs - The department is known for micro-management - Have seen discrimination across the analytics and sales departments multiple times

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