Bloomberg reviews

4.0

78% would recommend to a friend

(8,240 total reviews)
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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 8,240 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 Informationstechnologie industry (3.9 stars).

Reviews by job title

8K reviews
1.0
Mar 3, 2016

Horrible company

Recommend
CEO approval
Business Outlook

Pros

There is free food, it is always a good name on your CV, they have nice and modern equipment and offices.

Cons

Management is very poor, anyone can be a manager or team leader without any knowledge of the product as they only need to "get on well" with higher managers and "speak a lot". It does not matter how much you know or how well you do your job, if you do not sell yourself to managers and praise them, you will not get anywhere. A lot of people I know are being bullied at work, having work not being recognised, suffering from too much pressure and a huge work overload, always being told off for the smallest thing even if Management have no idea what their product is about. Too much control and too much micromanagement. Absolutely no work life as everyone is dead tired by the end of their shift (expect minimum 10 hours). Huge turnover, with people leaving every single month, nobody wants to stay. The atmosphere in the office is tense and unpleasant. Avoid at all costs.

2.0
Feb 12, 2011
Recommend
CEO approval
Business Outlook

Pros

Good salary for experienced people, benefits package ok. Relaxed dress code and quite flexible on working hours. Nice working environment (though completely open plan can be quite a distraction when you're trying to write code), free drinks and snacks in the pantry. Senior programmers do get some freedom to determine what work they do and how it gets done.

Cons

Poor codebase and development tools creates a maintenance nightmare, you can find yourself spending more time firefighting and working around inefficient old code than creating new apps. Culture changed a few years ago to a 'metric' based system where you get rewarded more for ticking boxes and saying 'yes' to the right people further up the management chain (don't believe anyone who says the company has a flat structure - there are 8 levels above mine and this is typical). Coupled with their philosophy of mainly promoting eager to please, inexperienced graduates this has led to whole layers of incompetent mangement led by similar, more senior managers who have no industry or engineering experience other than at Bloomberg. The only way of improving your prospects is by enrolling in a 'leadership' course led by the very same people, few people are promoted based on ability. There is no distinction between project managers and those with the necessary people skills to manage groups. Pension is not particularly good. Used to be able to work from home occasionally but now this must be approved by senior managers, just one example of the atmosphere of mistrust which had led to a general atmosphere of low morale.

1.0
Aug 14, 2010
Recommend
CEO approval
Business Outlook

Pros

good training programme, free food. good opportunity to make contacts, male-female ratio is pretty good (on the female side), summer party is outstanding.

Cons

very very very inexperienced managers (majority have only ever worked at bloomberg so diversity is crippled), bully-type american management style (its like something straight out of a text book). if it doesnt get done now, then shout louder or swear, forget trying to understand the problem, just expect the staff to work ridiculous long hours. from the software engineering side, work is rushed and the technology is olding. bloomberg thinks it can do things better by building its own in-house compilers and dev environments. it cant - period! switch to mainstream/opensource software which is peer reviewed by thousands of skilled developers.

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