Thread regarding CGG Veritas layoffs

Are the rumours true rhat the UK office will be closed down

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Post ID: @OP+MhH6Nrx

23 replies (most recent on top)

The HR person who posted that they were doing the best they can and upper management are doing the best they can are having a laugh

Yes upper management has brought this shambles to CGG but is this person saying the unprofessional behaviour of HR is how they were told to behave and treat employees with disrespect and be gleeful about Nonsense!!!!!!!

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Post ID: @2kde+MhH6Nrx

HR may not make the decisions regarding the bigger picture but they should treat employees with respect and allow them their dignity.Their behaviour has been unprofessional which starts from the person in charge and is clear to the remaining employees

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Post ID: @2zhq+MhH6Nrx

Love HR being put forward that they are doing the best they can... see below copied from the other thread how UK HR treat staff

UK HR (and management) are a disgrace

-caught laughing and joking with management straight outside the consultation meetings within sight of the poor person a few seconds ago told are losing their job. If you don't close the door everything you say can be heard and the partition sound proofing is not that good.

For those in redundancy

-Don't answer the phone and Lync switches to busy the moment you call, only if you switch to an external number they still answer cause they don't know who it is

-Don't answer emails

-Don't answer questions which eats into your consultation time

Early last year UK HR and management knew there were going to be redundancies, it was clear by some of the questions asked / odd comments made by the N+2 managers during the annual appraisals they were aware what was coming up . So early in the year at some management / HR level they decided which people they personally wanted to give the boot and ensured that they would not get bonuses (even if they had done a good job), then they used the bonus as the major component in the redundancy consultations to determine who got the sack. This meant they illegally (by UK law) personally selected who they wanted to get rid of and used the timeline to mask their methodology. This explains why some redundancies make sense as these people were not very good and whilst some redundancies were clearly hard working people you can match them back to being unpopular with the managers who made the decisions

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Post ID: @1frx+MhH6Nrx

Please remember, HR is not responsible for this (disaster/tragedy/bankruptcy?), but upper management in Paris. They (HR) do the very best they can!!!

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Post ID: @1ooq+MhH6Nrx

Todays news:

http://www.cgg.com/en/Investors/Press-Releases/2017/03/Reduction-of-Oceanic-Champion-vessel-charter-cash-costs

Facts:

http://stamdata.no/documents/NO0010674047_SB_20170307.PDF

I'm glad I'm not CGG employee!!!

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Post ID: @1qxy+MhH6Nrx

Good comments so far HR,Finance,Tax and Facilities do not add any value to the business but still untouched yet core staff are discarded

Senior management are inept if the company is taken over the above will go just deserts

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Post ID: @1xam+MhH6Nrx

CGG NYSE - NYSE Real Time Price. Currency in USD

6.57-0.48 (-6.81%)

As of 12:49PM EDT. Market open.

https://finance.yahoo.com/quote/CGG?ltr=1

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Post ID: @1nxt+MhH6Nrx

CGG Paris today (stock exchange)

6.15-0.37 (-5.67 %)

At close: 5:35PM CET

52 Week Range

6.11 - 27.88

Only think about yourself - CGG do not think about you ### Maybe HR !!!! ???

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Post ID: @1sue+MhH6Nrx

What about the CGG offices in Norway? (Oslo, Stavanger, ...).

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Post ID: @1zhh+MhH6Nrx

Yes the rumors are all true

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Post ID: @1xsi+MhH6Nrx

so there is no room for IT, yet there is room for the large new games area

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Post ID: @1xgl+MhH6Nrx

The modular office is going, but the main building will be kept for a while yet, well if CGG survives it will.

The front line staff are such a great asset wasted by the management.

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Post ID: @1gvx+MhH6Nrx

An old Veritas joke:

Q: What kind of company is Veritas?

A: We are a accounting and HR company. But we also do a little bit of seismic at the same time.

Now CGG has one more layer. It has more managers, directors, VP's, SVP's,EVP's, and SEVP's than worker bees. If the company can survive the downturn, in 10 years, it will have ESEVP, SESEVP, ESESEVP and so on... A true miracle in term of ranking.

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Post ID: @1onm+MhH6Nrx

Cannot understand why there is no reduction HR headcount.At last count there were at least three of them in charge of recruitment I am not sure how many have been recruited recently.By all accounts there certainly is no focus on staff development or motivation.

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Post ID: @1aut+MhH6Nrx

Yes, some will leave after bonus

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Post ID: @yvc+MhH6Nrx

Staff are very unhappy, either handing in their notice or being made redundant. The two choices.

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Post ID: @sef+MhH6Nrx

HR must be the biggest department in the UK

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Post ID: @idj+MhH6Nrx

When the industry is in a downturn, CGG should be finding ways of cost cutting, not spending money on unnecessary items. Crazy if you ask me. Oh let's hire another HR staff member. Soon there will be more in HR than any other dept

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Post ID: @pmm+MhH6Nrx

Apparently they are selling the land beside the main office in Crompton Way , and all the people currently in the offices there are being moved. A bunch will go into the main building except they don't have any money to properly build more offices internally.

The rest are being forcibly moved to Redhill and predictably a lot don't want to go because the office in Redhill doesn't have much in the way of facilities like toilets and the management there are even more inept and invisible than the management in Crawley, but at least they have no HR people there.

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Post ID: @zij+MhH6Nrx

I would actively look for another job. Seriously.

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Post ID: @wae+MhH6Nrx

In some ways it be better to be layed off now rather than wait til possible bankcruptcy where there will not be anything left for the employees

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Post ID: @qpu+MhH6Nrx

Have there any layoffs in Q1 in the UK?

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Post ID: @coj+MhH6Nrx

Something is happening, but could be another round of redundancies.

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Post ID: @usb+MhH6Nrx

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