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Bloomberg Industry Group

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Bloomberg Industry Group reviews

3.1

47% would recommend to a friend

(699 total reviews)

Josh Eastright

67% approve of CEO

46% positive business outlook

Bloomberg Industry Group has an employee rating of 3.1 out of 5 stars, based on 699 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Bloomberg Industry Group employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

699 reviews
2.0
Oct 12, 2023

Toxic, passive aggressive work environment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This company is a good stepping stone for early career professionals with good salary and benefits. The work can be interesting and stimulating, especially when dealing with the news and the Terminal. The people are great and there are a lot of bright individuals. There are nice opportunities for travel and conferences at times. The work-life balance is decent. Snacks are alright. There are some opportunities for development.

Cons

The culture is passive aggressive, toxic, controlling, and even two-faced at times, starting with upper management and flowing downwards. It is cutthroat, and very political with a poor review system. Employees who are not corporate drones with low authenticity and self expression can find themselves overlooked. Monitoring, scrutiny, and gossip can make employees feel uncomfortable. Truth tellers can find themselves punished as upper management dig their heels in when things aren't working and can put employees in positions where they are setup to fail. Manager's favorites (typically those who brown nose the most and are more corporate) are likely to given more visibility and better opportunities over those who may be more experienced or have better suited skillsets. Outside of that, there is low viability for upward mobility, raises, or even switching teams based on merit. Some management may even try to thwart hardworking employees’ efforts to climb the ladder. The C-suite preaches DEI and integrity, which are mostly political. There is rampant internal inefficiency. Visibility and conforming to corporate culture are more valued than talent, practicality, and effective workflows. Some policies are unreasonably inflexible and passed down from NY. The C-suite has an “old school” mentality that forces employees to come into the office and may at times refuse to make accommodations for emergency situations. Most of the lower management are inexperienced, do not care about their employees as people, and miss opportunities to properly develop them. Some aspects may not bode well for those who are neurodivergent or have disabilities. The lower employees on some teams can have a somewhat fratty undercurrent. Avoid sales like the plague.

3.0
Sep 1, 2021

Progress happens at the pace of a snail.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The benefits are top-notch and inexpensive. You'll have to look, but you will find good people to work with here. The 'Bloomberg' name may help burnish your resume, provide you stick it out for at least 3-5 years.

Cons

As there's limited ability or desire to reward top performers, they leave and you're left with mediocrity. This is across the board, from the analysts (who likely have never practiced within the spaces they're analyzing) to management to rank-and-file. This results in maybe 100 people out of 1000 who are actually moving things forward, and 900 walking in circles, oblivious to even the concept of forward momentum. There's something quite old school about the company as well, despite the "Bloomberg" remodel, snacks, and fish tanks. Despite having the backing of a multibillionaire, initiatives are typically rote and pedestrian, expected. Outside of the box thinking is encouraged in public, but rarely celebrated and initiated in practice. To put this another way, Bloomberg Industry Group performs innovation, rather than genuinely embraces innovation. While every corporate environment has drama to some degree, Bloomberg Industry Group's drama is quite sophisticated and intricate. It's very feudal and 'Royal Court' rather than in your face and direct. Those that engage in the office politics aspect of employment are well versed in the art of the professional takedown with a smile on their face. (One would think that the effort expended upon sexless 'Dangerous Liaisons' level machinations would be better suited for work performance...) There's no real mechanism for dismissal at the company, no real consequences for lack of performance. I suspect many people at the organization understand that and modulate their effort down a notch to match the culture. Finally, the organization has done an absolutely horrible job with work from home, return to office, and hybrid/remote work opportunities. This is another place where the company is quite archaic and quite reticent to embrace the obvious paradigm shift in white-collar corporate America. They are obviously working towards a full return to the office and obviously have been cagey about details due to the lack of enthusiasm regarding a full return to the office. (If for the better part of a year, the company has been essentially bribing employees to return with premium food and free Uber trips in, but nobody is taking them up on the generous bribe--it's your culture rather than a genuine fear of coronavirus.)

2.0
Jul 16, 2015

Lost its luster

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

37.5 hour work week. Free healthcare.

Cons

Lots of poor treatment of valued staff. Overworking/underpayment. Consultants came in and took over. Good ole boys club. Run if you're a woman.

Viewing 7 - 9 of 699 Reviews

Glassdoor has 761 Bloomberg Industry Group reviews submitted anonymously by Bloomberg Industry Group employees. Read employee reviews and ratings on Glassdoor to decide if Bloomberg Industry Group is right for you.