http://www.regroupementpplocal.com/wp-content/uploads/2017/09/PPlocal_communiqué-CGG_22sept17-ilovepdf-compressed.pdf
31 replies (most recent on top)
OCT 31 !!!!
http://bourse.lefigaro.fr/indices-actions/actu-conseils/cgg-donne-rendez-vous-a-ses-actionnaires-a-halloween-6187240
I was laid off by CGG in December 2016 and what I can say is that HR people not only don't give a s*t about other people's jobs, but also they are totally incompetent and have no idea about what they are doing. In my country they don't do anything right. My records were all wrong, I had lots of problems to clean up the mess they made and get my money.
Everything that's been said here about the Crawley centres, the exact same atrocities are happening in APAC.
Good question. The problem is not HR, but upper management in Paris!!! The problem is not HR, bur CGG's debt. CGG days are numbered!!
Why do they not reduce HR especially on the recruitment side as there is very unlikely to be any new starters
When you have 2 BILLION in loans due = one hell of a pack of lies to the staff.
Each office was ordered to LAYOFF long term staff and call it cost cutting - so they can pay for the FRENCH pool of union employees. This screwed up FRENCH system was doomed to fail in the long run. I would let the banks take this pig over now and get 5 cents on the dollar.
858 views, it is anonymous, take opportunity to express your views on the comments below.
Potentially it is one way to give your opinion and be heard without going into your managers or HR's firing line. There are certainly no options to do this within CGG!
I saw the same Crawley HR and management behaviour as the comments below, even if you keep your job you know to keep your mouth shut because you know neither HR or management can be trusted to raise this an issue. Their behaviour is widely known, it is destructively demoralising and creates an unrepairable break between management and staff.
More staffs were laid off from HR in Calgary
Once upon a time there was a good company called CCG. As soon as he got married to Fugro, he was destroyed
CGG Oslo HR is doing a great job (difficult job, nothing wrong, very professional).
HR used to be good but the person in charge now may wear short skirts but it is not a pretty sight
If the UK operation is completely wiped out, the same thing will happen in Norway?
Office in Bergen was closed 2 yrs ago, Oslo next?
HR department was much better before that hypocrite took charge. Short skirts and low cut tops, no wonder she was put in charge.
HR seem to be enjoying this situstion it gives them a sense of self importance and the current Crawley senior management is so useless that it will not suprise me if the UK operation is completely wiped out
The situation experienced with Crawley HR sounds like a disgrace.
Crawley HR have a strange approach.
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Smiley faces in communications during the redundancy consultations.
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Refusal to answer queries by simply not responding to emails.
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If you phone internally, their instant messenger changes to busy and they don't answer, switching immediately to the external phone worked everytime, yes Crawley HR your childish games were that obvious.
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Laughing in the corridor immediately post meetings, joking about how upset people looked. Yes we can hear what you are saying when the door isn't fully closed.
Thing is, as employees we informed Crawley management of the problems that HR don't answer, yes yes we will look into that and nothing changes. Then you realise, post the next consultation meeting, when you hear management laughing along with HR about your situation that you realise you've been lied to about the we'll look into this, the consultation wasn't a consultation to try and help save your job into another role, or help support you retrain into a new role outside of the company, it was just a process to get rid of a person to reduce numbers and its not them affected.
It would be interesting to know if others from Crawley were treated the same way and would add to this post.
More layoffs in Calgary this week. Some of the victims have been with the company (Veritas) for decades.
Even if CGG does survive this, it will be a shadow of the company it once was. The Fugro takeover just prior to the downturn sealed its doom. Naturally those who engineered the takeover will walk away with handsome payouts.
I don't see the French government coming to CGG's rescue because the company is now too small to be of much interest to politicians.
I agree with one of the comments already made.... CGG has great people and technology, however, the company culture and management just s---s.
Even by some miracle CGG do survive and somehow the market recovers the way staff has been treated they will go elsewhete to competitors
A totally useless HR which somehow still has recruitment managers who must have nothing to do but are still retained when talent is being discarded
French taxpayers might not be happy?
French government has extended the generous hands twice in the past 30 years. A good portion of CGG's debt is owed to the beloved government. I don't see why the company won't get the help one more time. But as a veteran, my advice is that you need to get out asap if you don't speak French. The company has the most brilliant people, vast majority of my French and international colleagues included, and the best technologies in the industry. But the culture is beyond being salvaged. It's pathetic/wrong/illegal/immoral to say the least. When the executives have no clue/ethics/capabilities, your individual skills/contributions doesn't really matter.
CGG is doomed without financial support from the French Government, one way or the other.
http://uk.reuters.com/article/us-cgg-m-a-ceo-idUKKBN0JU0LY20141216
Tue Dec 16, 2014 | 7:30am GMT
CGG says no need for capital hike after fending off Technip
French seismic surveys company CGG (GEPH.PA) can endure low oil prices without having to raise capital, its chief executive told Le Figaro newspaper in an interview on Tuesday.
CGG shares tumbled 29 percent on Monday after oil services group Technip ruled out making a formal offer for the company, which last month rebuffed a 1.47 billion euro ($1.83 billion) preliminary takeover approach.
Like its oil services industry peers, CGG has been hit by cutbacks in the sector this year. Major producers have reduced exploration to counter falling oil prices.
CEO Jean-Georges Malcor brushed off the idea that CGG would have to raise capital.
"They (investors) thought so at the end of the first quarter, then the second and the third... They were wrong and we maintain that we will get out of this trough by our own means," Malcor told Le Figaro.
"We have renegotiated our debt maturities. We will continue our efforts to cut debt through asset sales where appropriate," he said.
Malcor said CGG had fended off Technip's approach "mainly for industrial reasons", particularly because Technip intended to spin off CGG's fleet of seismic vessels used to map oil fields which currently faces an oversupplied market.
Who is responsible for this death spiral? (Mr Malcor if you ask me).
most the staff have given up, just look around.
What are the rumours of a takeover who would want all the debt?
Unlikely, unless the rumours about a takeover come true.
NO!