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Horrible Working Environment - Terrible Management

Senior Software Developer
Former Employee
Worked at Bloomberg LP for 2 years
September 18, 2013
New York, New York
1.0
Doesn't RecommendNegative OutlookDoesn't Approve of CEO
Pros

$ The money is good. The benefits are excellent. The perks are wonderful. The bonuses are large. The regular employees are awesome and fun to work with.

Cons

Management is ineffective at best, and incompetent at worst. The entire company is very much a cult of personality. There is a massive "not invented here" complex.

Mana gers that have risen through the ranks over the last few decades are very stodgy and outdated in their ideas about business and development best practices. I got negative performance reviews for mentoring others as the most senior developer on the team.

Management did not understand the problem space at all - web development - and this made it very difficult to have non-stressful conversations with them. Some teams at Bloomberg are better than others; mine was generally recognized as the worst.

The entire team went to senior management with complaints about the problems with our direct manager, but nothing was ever done.

Advice to Management

The management that has risen to the top is often only concerned about saving their own skin.

Blame passing down to the lowest level is frequent, rather than having the backbone to assume the responsibility that is in fact on their shoulders.

Many tech decisions were made without the input of the resident experts, because management had inflated egos and zero humility.

The revered-to-the-point-of-worship "Bloomberg Culture" needs to be flushed down the toilet.

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