Bloomberg reviews

4.0

78% would recommend to a friend

(8,247 total reviews)
avatar

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 8,247 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
2.0
Nov 7, 2019
Recommend
CEO approval
Business Outlook

Pros

Competitive pay (although they're whittling it down fast), decent health care, 401(k), free snacks and coffee.

Cons

What little journalistic talent remains at Bloomberg News is no match for the mass of mediocrity that has risen up there. In the past five years, the standard of quality has gone from excruciatingly high to preposterously low. While political correctness and identity politics run rampant, gender discrimination is still quite prevalent, despite all the internal corporate propaganda stating otherwise. And nobody, man nor woman, should feel comfortable growing old there. Experience has become a liability as the company is clearly focused on lowering the average age (and salary) of non-management employees through attrition, targeted layoffs and firings. You shouldn’t consider Bloomberg News as a mid-career journalist. If you’re age 40 or older, don’t even bother applying. You probably won't even land an interview, let alone get hired. They have been actively recruiting minorities and LGBTQ people, though. So there might be some exceptions if you fit any of those categories. It does seem like a good fit for a kid just out of college looking to get some experience and then move on to something better. Sadly, it’s become that kind of place.

2.0
Aug 29, 2019
Recommend
CEO approval
Business Outlook

Pros

Learning experience in FIX protocol

Cons

Disfunctional management playing favorites. They give you good feedback throughout the year and in your year-end review you're no good for almost anything. Upper management is completely oblivious about what happens to their hard working representatives.

2.0
Aug 28, 2019
Recommend
CEO approval
Business Outlook

Pros

- Bloomberg and Thomson Reuters (Refinitiv) dominate the market data sector. Both have steady cashflows, while BBG is somewhat better managed. - Perks like free snacks and drinks, nice offices around the world - Well-established training programs for fresh grads

Cons

- Very old-school culture and mentality. Constant badge-in / badge-out, even if you are just walking to a different floor in the same building. At my office, they have 3+ full time security guards just watching and making sure everybody taps the badge!! - Forget about personal freedom and privacy - everyone can read your calendar, meeting notes, sales numbers, pipeline, etc. Your every move is monitored online and offline. - Bamboo ceiling is alive and kicking - if you are Asian - not Singaporean or Indian - your chances of getting promoted to senior management are slim to none. In Asia offices, hierarchy looks like a throwback to colonial days, with Americans / Europeans at the top and local Asians at the bottom. - If you are a mid-career professional - not a fresh grad nor a fixed income veteran - you will probably struggle to adapt and leave within 1-2 years. - The core products like Terminals are becoming really, really outdated. - Target markets are all shrinking: investment banking, sales/trading, buyside (active investors) - No flexi hours - Often, the biggest challenge is to understand all the internal jargons / politics and present something coherent to clients

Viewing 202 - 204 of 8,247 Reviews

Glassdoor has 10,093 Bloomberg reviews submitted anonymously by Bloomberg employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg is right for you.