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Topics regarding layoffs at CGG Veritas
What happens to my stocks? Can I still trade them?
The succession plan is comparable to when one company takes over another and asset strips it. In CGG's case the plan started before the oil downturn. Crawley management were quietly closing satellite offices removing the companies capabilities to... read more
Does anyone have thoughts on what this will be?
People are exchanging information of interview and openings in other companies. More and more colleagues are leaving in the following quarter.
Boats laid up without work, thousands lost there jobs, not made any profit in years, skilled good ambitious people left leaving behind an immature low skilled work force, managers and HR who protected their jobs and poorly treated redundant employees... read more
What do you think? CGG is getting better?
New leader,CFO and rising oil prices the only way is up Should have faith in Senior Management and HR they got us through difficult times strong leadership and compassion for staff Perhaps this website can be closed down and a new one as a fan club... read more
Just heard that the senior management at Robertson are getting laid off. Anyone heard anything about this?
Dividend over 11%. Wow! You can't beat that with a stick. Time to load up.
Slightly off topic but can anyone tell me what the outcome of the investigation was for that helicopter crash on the Vision back in 2013?
Geowave Voyager Built about 9 years ago at 120million not including acquisition kit costs Sold for 17 million including kit A quite frankly stunning loss that cheaply allows a competitor a stronger market foothold undermining CGGs future... read more
Hi CGGer , I went to onsite interview last week, no response yet. Is that a real one or just makes hr looks busy but not hire anyone? How long does the result usually come? Many thanks
shock announcement to be made shortly. Source GGR exec.
Hearing more and more chatter about this. Possibly explains the observations in the prior post (lots of connection points between industry and government in Beijing). Premise is the Chinese are assembling one-stop shops for oil & gas exploration and... read more
Lately we've seen a few people here and there laid off by CGG, but I was wondering when are we looking at another bigger round of layoffs? There has been very little chatter lately, so if anybody has any info on what's coming down the line, please... read more
If you want to truly realize how bad situation is at CGG Veritas, just look at our turnover. We are literally losing people on weekly bases these days, and most of them are our best workers. Frankly, CGG doesn't need layoffs, they just need to stop... read more
one manager left today. who else?
What are you hanging on for? Turnaround in fortunes for CGG Redundancy settlement Right opportunity elsewhere A white knight to come to the rescue Cannot get a job elsewhere
Anyone have any thoughts on the current reassurance of oil prices and CGG???? For a long time I didn't thing CGG was going to survive the prolonged downturn. Will the pickup in oil price mean we can survive?
Ask not what CGG can do for you - ask what you can do for CGG.
CGG are vulnerable to take over. Schlumberger want out of seismic - No Shearwater and are too small and have many ex CGG employees - No PGS are struggling and are the last large player - possible tie up to create one mega player and control the... read more
I have been hearing rumours of a merger with one of the other remaining players. Anyone heard anything similar?
The office is huge. The parking lot is always full.
Why is The HR department in CGG so bad? I have heard that HR in Calgary is one of the worst, apparently she is never in the office and when she is, she is bad at her job. You never hear of bad HR departments in other centres like Perth or in Asia... read more
I thought it would be interesting for those ex-CGG guys here to share how things have gone career-wise since they left. Given the industry situation, most of us had to look outside O&G to opportunities. Also a significant number of us do quite unique... read more
Who is running GGR?
anyone get one? i didn't :-(
Calgary let 7 go today. 2 processors, 4 in office operations, 1 in IT Calgary was hit yesterday, which means that we can definitely expect more layoffs next week. As somebody put it in that other thread, CGG does this in stages. Not sure which... read more
Just when you think you've seen it all!! Never mind HR and payroll are helpful. NOT!!!!!!!
ANYONE KNOW WHERE THE FIGURES ARE? WHAT'S YOUR GAP?
I heared we wasted $5 million on this in legal, banker and accountancy fees. https://www.thelayoff.com/neos-geosolutions