Poor pay, confusing environment, bad leadership - Product Manager Bloomberg Employee Review

1.0
Feb 15, 2023
Recommend
CEO approval
Business Outlook

Pros

The offices are widely-heralded as cool places to work, from fish tanks to snacks. As leadership will tell you, they print money every year.

Cons

Leadership talks nonstop about how the organization is printing money, but goes out of their way to avoid paying competitive salaries. The primary method the use to get out of this is by putting pay increases into bonuses instead of real salary increases. The end result is working for a year with hopes of the bonus, which isn't guaranteed. The organization is very large and very segmented. They use only proprietary tools, which get in the way of collaboration and make it impossible to find cross-business owners and remove blockers to projects. Leadership organization-wide is by attrition (meaning most leaders are only in their roles because better candidates have left), which has contributed to a significantly white male leadership team. We frequently hear comments from leaders implying women in leadership positions are only promoted to avoid a perceived diversity issue, and not by merit.

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.

2.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Great Office, Free Snacks and plenty of social events

Cons

Be prepared for a heavily politicised culture — it's pervasive and affects day-to-day working life significantly. The organisation suffers from clear in-group favouritism at the leadership level, where certain groups are visibly preferred for opportunities, recognition, and advancement. This creates an uneven playing field and quietly damages morale for those outside those circles. Leadership collaboration leaves a lot to be desired. In four years, I didn't experience a single structured team-building or bonding initiative — a telling sign of how little investment goes into people and team cohesion. Perhaps most concerning is the approach to compliance. Raising legitimate concerns or challenging existing practices is met with significant resistance from senior stakeholders, rather than genuine engagement. A culture where pushback replaces accountability is one worth approaching with caution.

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