Thread regarding CGG Veritas layoffs

Employee representation at CGG Board of Directors

The french labor unions (CFDT/CGT) are planning to have an elected representative at the Board of Directors at the next shareholders meeting. They have been bargaining for the restructuring plan and have been received by the french president as per this article …

https://www.lesechos.fr/industrie-services/energie-environnement/030611771254-cgg-etape-cruciale-pour-le-plan-de-sauvetage-fin-octobre-2116939.php

My understanding is that job cuts in CGG Services SA was only 18% of labour force since a peak in 2013, while consolidated headcount dropped as much as 50% as per annual report worldwide.

Any thoughts on this ?

by Anonymous
| 2061 views | | 6 replies (last October 2, 2017) | Reply
Post ID: @OP+PvP9Fbl
Comment! It's anonymous!

6 replies (most recent on top)

Benoit Ribadeau-Dumas (former EVP Marine) has been appointed as Chief of Staff to Prime Minister Edouard Philippe

by Anonymous
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Post ID: @3zpz+PvP9Fbl

IS A FORMER CGG DIRECTOR NOW WORKING FOR MACRON ?

by ZXSPECTRUM
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Post ID: @2vfr+PvP9Fbl

Aren't they already included as a consultative group in the so called Comite d'entreprise ?

They strongly rejected the Technip take over bid.

by Anonymous
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Post ID: @2xoi+PvP9Fbl

It seems to be accurate and not a surprise. There has been employee representation in Norway and it doesn't surprise me that the CGT and CFDT want to be included in any discussions.

by Anonymous
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Post ID: @1byw+PvP9Fbl

http://www.independent.co.uk/news/world/europe/france-ban-new-oil-gas-exploration-stop-granting-licences-macron-hulot-renewable-energy-drive-a7806161.html

by Anonymous
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Post ID: @csd+PvP9Fbl

Forget CGG as an international company (best case is a local domestic company in France - without exploration/drilling/production). Good luck!

by Anonymous
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Post ID: @svz+PvP9Fbl

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