Bloomberg Businessweek Sucks Customer Reviews and Feedback
Bloomberg Businessweek, previously known as BusinessWeek, is an American weekly business magazine, published 50 times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, East Side of Midtown Manhattan, neighborhood of Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, East Side of Midtown Manhattan, neighborhood of Manhattan in New York City.
An angry customer shared in a review "Very disappointed in how Bloomberg Businessweek handled this. I had told them with my subscription renewal notice that I did not want it renewed. However, Bloomberg went and processed through Amazon anyway. And Amazon told me they are unable to cancel this order, and or give me a refund. I do not blame Amazon. It's Bloomberg that I feel are scumbuckets!!"
Services Director (Former Employee) says"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."
Software Engineer Intern (Current Employee) says"This company is very tough and challenging you will get no support whatsoever. The interview was very difficult and when you actually work in this company it's very overwhelming. Managers, supervisors, and co-workers are very fake."
Vice President Software Sales (Former Employee) says"Punch a clock. Always monitoring your activity and customers. Not a place for sales people. Out if college prob better all the free chips and soda. Cons: Punch the clock. Big brother watching"
Junior Financial Analyst (Former Employee) says"Not very interesting place to work and a lot of dysfunction and lack of management. New employees given very little instruction. Only good thing was the free cafeteria food and snacks."
Developer (Former Employee) says"Interesting product but management it's such a drawback. Cons: Long hours, no remote."
Brand Storytelling (Former Employee) says"Bloomberg is a great organization, but with its ever changing business model and leadership, I would recommend you stay away from the Bloomberg Media Group."
Intern (Former Employee) says"Very low standards and too many disgusting people. Cons: Toxic office culture"
T rep (Former Employee) says"The worst company i ever worked for.i worked in capital markets for banks for years. In highly independant trading positions. They hired people from the market to have better penetration in trading floors. Never been that micromanaged in my life. Then they pulled out of hiring this category of people as they saw prople from the actual market could not act as robots. Fired us all by giving completely random excuses one day to the next. Managment is very poor, robots managing robots. No initiative, no room for growth, numbing work with ridiculous targets, low pay, same hours as investment banking..... dont be fooled by fish tanks and "free" lunches.... you arr paying 5 times over on your lunch. Cons: All"
UNIX/LINUX Consultant (Former Employee) says"Very siloed culture. They sold the job as being scripting and more hands on technology but was really passing around alerts. Software is proprietary and managers are bosses. Cons: Long commute. Micro managed. Unforgiving."
Equity Data Researcher (Former Employee) says"My temporary work experience at this company was a very good opportunity to improve my Bloomberg Terminal use skills"
Employee (Current Employee) says"Bloomberg is more of a cult than a company. You'll be expected to dedicate yourself and your life to Michael Bloomberg and his philanthropic ventures. There's no such thing as work-life balance at Bloomberg, just work-work. While you may be scheduled to work 9 hour days (don't even think about taking a lunch break) it's more likely you'll be working 10 hour days and 11 and 12 hour days are not uncommon. For all that hard work and dedication you'll be rewarded with zero job security. Layoffs at Bloomberg are routine and apparently based on favoritism, not performance. In my group competent, intelligent, hard-working colleagues were shown the door while an individual who literally spent the day texting and on his Facebook page, took 2 hour lunch breaks and flat-out lied to us to get out of work kept his job. Bloomberg is a one-trick pony and terminal sales have peaked, accordingly I would expect the pace of layoffs to pick up . I saw a diligent, intelligent new-hire from a good university run off after 3 months because his manager took a dislike to him. In a word I would characterize the culture at Bloomberg as mean-spirited. Interesting that a man so committed to philanthropy would have so little compassion for his own employees, the very people whose hard work made his wealth possible."
Team Member (Former Employee) says"Hard working environment - expect to be working on multiple projects simultaneously - expect to be asked to be available 24/7. Cons: Very regimented - Part of a big multinational"
Administrative Assistant (Former Employee) says"Sure it looks good on your resume and because of that a lot of doors are open for you moving forward. Cons: Everything else"
Editor (Former Employee) says"Bloomberg LP is confronting the realization that its days of high growth are long behind it as the financial-data industry matures (also seen in collapsing ratings for competitors like CNBC). I worked in the newsroom, where mistakes are held up for public viewing and shaming among other employees. A typical editor is expected to work at least 50-60 hours a week, and respond to questions from upper management by e-mail at all hours of the day. (The company is friendlier to men with families -- most women I worked with were unmarried and childless). Generally, the attitude expressed in memos to employees is that they should be thankful that they have a job as the news business shrinks. I made a lot of friends at the company, where we generally shared our paranoia about getting screamed at. Compensation tied to sales flat-lined as terminal installations stalled. Cons: Volatile management, burnout, flat-lining sales"
Finance Analyst (Former Employee) says"First thing at Bloomberg is that they first look at tour badge. And sorry if you are not an employee. They have different colors for badges, so they know who tou are. Cons: Very poor management"
Journalist (Former Employee) says"It's all about putting market moving news in front of terminal customers. The journalism is extra. Sometimes you have a great job and a great boss, breaking lots of news. Then one day, you don't. And no one should feel comfortable growing old here. Bend your head low, absorb the blows and you may or may not survive. And don't look to top leadership for salvation."
Event Manager, Global Financial Products (Former Employee) says"Bloomberg is a culture that pits people against each other intentionally and doesn't hold itself accountable to best practices of a public company. Only those that started at BBG will be respected. Cons: The culture"
Fixed Income Analyst (Former Employee) says"8h-18h salaire fixe et bonus quai fixe - aucune evolution de carrière, les meilleurs personnes partent, les autres y reste... parfois longtemps. Cons: Le management en place"
Interims estimates analyst (Former Employee) says"People are fake.Sheep like culture, everyone is constantly looking over their shoulders scared of their own skins- if you perform well, you a threat to someones job-underpaid, Noyone- not even management takes responsibility when things go wrong- instead they blame each other-Horrible training program- especially around peak times( i had a 2 week training program squashed into 2 days, because nobody could care less-they had their own workflow to get through-pathetic. mundane work that does not even come close to justifying your job title as an "analyst" in any shape or form. You deal with data and data management- and thats your life, everyday. Understanding one data management tool does not develop your ability to analyze and provide value to a financial firms investment decision- many tools are utilized, you dont get exposure to this- beware to all ye aspiring investment professionals. The people i spoke to that have been their longer then 2 years say that they are stuck- you cant apply anywhere else because all you know is Bloomberg"s proprietary software package!, nevertheless it is a good first job for a 1 or an internship- looks good on your resume- even if you get to pretend to call yourself an "analyst" far too many at Bloomberg Cons: Remuneration; niche product; poor management; no growth as a professional; Glorified data capturer"
Editor (Former Employee) says"No matter what you do, how hard you work, how many hours you work or how good you are, you are told you are not doing a good job. The management is hypocritical, HR is biased and for a place that prides itself on having an 'open door policy' I often got in trouble for my complaints! They don't care about you as an individual. You are expected to make Bloomberg your life and give up all your free time to them. Cons: hypocritical, long hours, poor management"
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