No comments in a very long time.
The CGG poverty wages continue with real terms pay cuts for most and the usual lack of transparency and consistency across the board. Unless you’re winding down for retirement or waiting for a fat redundancy that will never come what’s the point of... — read more
What are your predictions for 2023? Will CGGs cataclysmic decline contine under the current management oppression?
Land multi-client sold to SEI?!?! Well done DeChump.
It's great to see all our hard work is making such a difference.
It's sad how few talented and capable employees remain at CGG. The best are long gone. No one wants to work in this kind of atmosphere that fosters unhealthy competition among employees. It's crazy how little management cares about retaining... — read more
When a workplace becomes toxic, its poison spreads beyond its walls and into the lives of its workers and their families.
Management seemed to need a Great Place To Work survey to tell them something the rest of us knew already. All they seem to want to do about it though is implement a few quick fixes so we can pass the survey threshold next time around and put the... — read more
Considering the amount of work I do, I am far from a fairly compensated employee. And then the manager comes in with his unrealistic expectations, trying to add even more to my plate. Does anyone take their expectations seriously anymore? I don't... — read more
But now I'd like it to happen, and I guess I'm not the only one...
Latest redundancy round in Wales announced.
Considering the amount of whinging on this site, why does no-one ever strike for improved pay and conditions? Are people happy and contented?
This is the management style of this company - doing nothing to keep good employees, considering them absolutely replaceable, and when they leave, replace them with new and cheaper employees. Do they really think this is sustainable in the long... — read more
Someone rightly noted that in every company there are periods when employees enjoy their job and periods when they would most rather quit. However it becomes problematic when the number of those who feel like quitting becomes greater than of... — read more
Where do you see CGG in 5 years time?
I don't even care if that makes me sound like an as----e, but I pray for layoffs and I pray they include me. I'm done with this place.
What's your opinion?
CGG sales off Smart Data Solutions to Access USA and Oasis UK as of January 4th. SDS was the smallest piece of the CGG pie but the one that remained profitable year-to-year. The pearls in the crown are thrown to the pigs and the diamonds turn out to... — read more
We really must be really making a tonne of money!
What's the timeframe for closing Galileo? Will the staff their be offered alternative locations?
Is it true that CGG is using its processing servers to mine crypto currency in off-hours? If so, where does this income show up on the quarterly reports.
Only fools believe they have a future here. Everybody else has either left already or is trying to leave.
Magic money tree losing 93M dollars in Q3. How long can it last?
What is Sophie’s strategy to turn the company around, make it profitable and get the debt pile down to a manageable level? Anyone know?
So, GeoSoftware has officially gone now. Here's the bookies' odds for what's next... North Sea Data Library - Evens Sercel 2-1 Galileo - 7-2 All Data Library - 4-1
CGG is still making quarterly losses, the debt pile is enormous and the credit line is being further reduced by each loss. With the majors culling oil and gas spend and no sign of a major pickup, is it over for CGG?
This seems to me to be a company for managers. My opinion is that this situation is unsustainable because the company will soon have more managers than employees. More and more people are leaving, but managers are staying. It seems to me that CGG... — read more
So, GeoSoftware is now sold. That leaves about 3,000 out of what was recently a company of 12,000 - and that still includes Sercel! It's a bit like the knight in Monty Python that thinks he can keep fighting when all his limbs have been chopped off!... — read more
Multi-physics has been sold and other businesses are apparently up for sale - any suggestions for what’s on the chopping block?
What's the work schedule at cgg? Do they offer 9/80 schedule?
CGG is carrying legacy debt from the days when they delivered the full suite of seismic services and products. I recall many years when one business bailed out another (Sercel and land) to deliver OK results. They still carry the debt but now only... — read more
We are not making any money despite the data processing being done. We have a massive amount of debt which is not going down. We continue to spend money we do not have. HOW ARE WE STILL IN BUSINESS?
Sophie appointed to Technip board, makes you wonder if a Technip takeover is back on the cards. The company is a lot cheaper now compared what it was in 2014. ... — read more
The stock price dropped from $2,000 to $1.
Has anyone tried transitioning their career to renewables? I’m thinking about making a career change and I wonder how sensible that move would be. I still do not have a good insight into the opportunities and job offers in this sector. I am... — read more
CGG is my former workplace, I left recently before they could fire or lay me off. I couldn’t take it anymore because suddenly there was no reason for me to stay. The stock price speaks volumes about the state of the company. I just wonder, why do... — read more
I would have thought that pledging profitablilty by 2050 would be the first step. The optimism that they will still be around in 2050 is grounds for hope. Presumably by relocating to Shanghai. PS Polarcus defaulting: thoughts on that?
CGG's stock price from $2000 in 2008 to $0.51 now. It is a garbage stock