Pros
Bloomberg pays the highest salaries in the news reporting business, its hires are all highly competent and opportunities with the company are truly international. It is arguably the most prestigious news agency in the world.
Cons
Everything is overly routinised and one becomes simply a number in terms of performance evaluation and role in the company. There is little room for creativity in writing and emphasis is placed on business / economic reporting rather than journalism. While the hours are good, one is expected to work with their nose to the grindstone during working hours. Everything is tracked in terms of the speed of breaking news, number of pieces published and the number of "clicks" a story receives. One feels like they are reduced to a mere number in terms of performance. This is very different when compared to other new outfits.