Good work life balance but far behind in tech - Senior Software Engineer Bloomberg Employee Review

2.0
Jun 15, 2022
Recommend
CEO approval
Business Outlook

Pros

Good WLB Most teams you can get by with doing minimal work (low effort) Decent Pay Safe company Known name in the industry

Cons

- No room for advancement, since its a flat org there's no role you can aim for that's higher then senior. Unless you want to be in management - Old hierarchy structure. Most tech companies offer two paths for advancement that the industry follows now. You can either continue as a engineer or go into management. Becoming Staff and further your technical career or become a people manager are two separate paths because not all good engineers are good people person.s. - The tech that this companies uses is old, like 80s architecture old. The code base is old as well. There's been no effort made to rewrite most of the code and the people who wrote this code are either retired or moved on. These are not small services but essential to the company, people are afraid of touching them. - The problems you face here as a dev are going to mostly bureaucracy then code, a lot of meetings to just make a simple change or feature change - The industry has moved on from a lot of the internal tooling and Bloomberg is having a hard time changing internally due to various causes like refusal to invest in a actual CI/CD team per department - Product is seen as the overlords telling devs what to do. No one does this anymore, this relationship seems toxic for engineers as it favors the old way of thinking one is better than the other.

Explore other reviews about Bloomberg

5.0
Jul 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work life balance and coworkers

Cons

No cons, this was a good place to be with nice coworkers

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.

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