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Bloomberg Industry Group is adding nearly 200 jobs for technologists

Bloomberg Industry Group plans to build its engineering, development and product management capacity across its DMV offices.

An office space for Bloomberg Government, one of the entities within Bloomberg Industry Group. (Courtesy image)
Update: A previous version of this article used "Bloomberg" and "Bloomberg Industry" to refer to Bloomberg Industry Group, which is one of many entities affiliated with or under Bloomberg L.P. It also did not clarify that "Work Papers" is a working title, nor specify that the Microsoft Word integration was for legal professionals. (4/21/22, 6:38 p.m.)
Bloomberg Industry Group, which encompasses Bloomberg Tax, Bloomberg Law and Bloomberg Government, is on the hunt for tech talent in the DMV.

Company CEO Josh Eastright told Thursday that the company is looking to add 200 positions in the DC area — it currently has offices in DC and Crystal City, Virginia — that largely involve technology and engineering. Within the new hires, Eastright said, the company will be looking “up and down the product development stack” but specifically seeks product managers, user and customer experience professionals and full-stack developers. All positions will be a hybrid of remote and in-person work.

“We’re aggressively hiring really across the patch, whether it’s sales or news or anything else,” Eastright said. “But engineering is a place where everybody is actively trying to hire right now … We’re trying to support all those things to keep the business growing.”

Bloomberg Industry Group already has a rather large presence in the DMV. It boasts around 1,000 employees in DC and Arlington, including a few hundred engineers.

With the new hiring spree, the company will be looking for people who are “intensely curious” and interested in learning and solving problems. Eastright said that they look for these traits specifically because the company likes to move employees around. One might be working on tax products for a few years, he noted, then switch over to government products.

“We want somebody who’s got that fluidity and just a natural curiosity to learn,” Eastright said. “We want somebody who’s really intensely interested in building product.”

According to Eastright, the company is working on a number of tech-focused initiatives. Among these projects is an integration with Microsoft Word, which would create a legal information system that doesn’t require users to switch back and forth between documents and data transformation.

It’s also working on a product, which Eastright called Work Papers and a company spokesperson said was a working name, where tax professionals can place all of their calculations and data. The product will also allow these workers to use artificial intelligence and other digital tools. New hires could be taking part in any of these projects or more, and Eastright hopes they can take the company’s previous 90 years of experience and move it into the new, current work age.

“What we’re really focused on now is, how do we take that expertise — that is this core of people that have been doing this for 90 years — and stick it into the workflow of a tax professional?” Eastright said.

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Companies: Bloomberg

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