Bloomberg Employee Reviews
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I enjoyed working here but I am not sure about the work environment at the moment. It doesn't seem to be defined with the complete re-organization of Bloomberg taking over the organization
Great organization with great benefits. Senior management is very helpful and cares about employees and the organization. Great place to start your career.
Bloomberg offers a variety of opportunities across data, sales and engineering. As a large private company and a market leader it offer good salaries (with great benefits), decent opportunities for progression (however, rarely particularly rapid one) and a friendly work environment. At the same time, it's slightly risk averse and has a large product and management legacy which are not changed easily, although Bloomberg has been introducing more new data, quant and API products recently.It will give good opportunities to get an understanding of the financial system as a whole as well as specialise in some products in a lot more depth. Sales/account management job can sometimes require long travel hours (albeit in very comfortable conditions) and be slightly repetitive at the junior level. Sales teams environment depends a lot on individual managers.
Opportunities for growth or lateral moves can be limited
Working at Bloomberg was a double edged sword. They offered good benefits and a fast paced environment. However they did not believe in much work/life balance and were very anti work from home (prior to Covid). The opportunity of advancement within your team was very small and very rarely did they promote from within. More often than not they would hire from outside the company OR hire from a completely different department. There would be many platitudes about "owning your path" but very little in the way of moving up.
No healthcare premiums (all paid by company), free snacks, free meals in some offices.
Hard to advance, anti work from home
The Pay rate was great and they took care of their Employees. Very Busy company a lot on data entry. They provided the outside world inside. Some people in higher position to this day I don't understand how they got these positions. If it wasn't for a Manager who acted like a dictator that job would have been the best.
Great Place to Work
To much politics and upper Management have no clue what they are doing.
Worked as a Senior Software Engineer.Good company to advance your knowledge, new technologies.You will not be bored - very dynamic environment.Management B to A+, A mostly.Developers, management care about product they working.Fair pay, possibility for advancement.
Great financial courses, Free soup and snack, You can get any tools you need for development - immediately.
Can not think of any
Bloomberg is a great company with several compelling business lines (index products, news, media, financial products); however, the analytics department at times felt disorganized given the nature of the job. The nature being a fast-paced, stressful, highly-demanding client facing role.
Lots of free food, cool office
Monitored when off the desk; extreme micromanagement; glued to the desk; angry finance clients
Probably one of the best companies to work for worldwide. This can easily be explained by the large number of people who never leave once they get in. This company takes care of its employees 200%. You feel like you are part of a larger family. Been here over 10 years and it's a very stable company with a steady growth and interesting business challenges to solve. Never seen a layoff in 10yrs. The company is very smart about whom it hires and how agressively or organically it grows.
Stability, work-life balance, technology is evolving very rapidly. Awesome health and family benefits.
Not as competitive salary-wise wrt. to larger investment banks, but you make up for it in stability and higher than normal base salary.
Ambiente stimolante, competitivo e ottimi colleghi
Some bosses can be passive/aggressive; at Doomberg, I had two bosses: one passive, and one aggressive. We ran a shared services operation that was abused by those procuring services and internally within the department. Most everyone working here was miserable and took it out on each other. Few allies existed to protect each other from internal politicking and backstabbing. We were encouraged to critically analyze our process, but the results were ignored when any honesty about the dysfunction was presented with solutions to remedy them. Hostility and intimidation, doing little work but kissing butt and blaming colleagues to get ahead were common tactics. The testosterone overload is poisonous, and the pay is far below market rate. The mixture of finance and journalism is lethally punishing since all projects needed to be completed immediately and somehow accurately. International collaborations meant you were working nonstop around the clock with calls, emails, and meetings taking place in all time zones all days of the week. Do not expect to work only 40 hours a week and have your nights and weekends to yourself undisturbed. Do not expect anyone in power to have any sympathy or desire to hear of your attempts to reconcile such an unrealistic situation. The name of the Doomberg database, Terminal, says it all—this is the end. Terminal is a DOS-based grave you dig for yourself. Why in this millennium is anyone supporting a line-command OS with text in multiple colors on a black screen with a keyboard from 1971 and thinking it is cutting edge? If you are working on - more...
With very poor mgmt in place it was like the Wild west, Bloomberg takes your soul if you let it - they have their own weird processes - if you have an opinion and voice it you won't last long - they want robots!
Travel and food
Managment and work atmosphere
I am in a very niche role at Bloomberg in that I track structured finance bonds. I am part of editorial but I view myself as more of a data person than reporter. I never wanted nor do I strive to be a traditional reporter who writes long form articles. I have done it, but my day to day responsibilities include tracking down bond information and keeping volume numbers of a fixed-income market that prices hundreds of billions annually in bonds. The hardest parts of the job are tracking bond information that underwriters prefer to keep private and breaking news of a new issuer before official documents get filed. The company provides a very fair work/life balance with work from home capabilities (even pre-COVID) and I was able to do it once a week.