Thread regarding CGG Veritas layoffs

The Beginning of the End

Following the Veritas (VDGC) - CGG merger the new company ran fairly effectively with both sides of the new company continuing to run their respective vessels / offices / processing centres etc without any major upheavals, the only real differences were some fancy new headed note papers and if truth be told increase in wages for the Veritas employees to bring them on par with their CGG counterparts.

Problems began to surface when the positioning of CGG only management began to occupy all the senior levels within the company and a high number of good, business focused Veritas management were either forced sideways or downwards or simply quit as they could see the writing on the wall. Once CGG had manoeuvred its people into all the senior management positions the real changes began to occur. Proven, well tested and industry leading systems and business models were either ditched or re-invented with additional levels of technical complications, all to be discarded and the aforementioned legacy systems re0-introduced under a new branding. Crews spent more time attempting to use systems not fit for purpose rather than addressing issues directly affecting production. I have yet to find anyone who thought that OTTIS or SaaproNav were effective, easy to use or beneficial, or actually any good. In fact the former was so complicated the company had to employ permanent instructors to be placed on all vessels just to keep the system running.

CGG also adopted a different business approach in which making money seems to be a secondary concern and it was more about flying the French flag and wanting to be seen as the Geophysical Contractor of Choice (everybody who worked for CGG has heard them use that term). Veritas was happy to accept pre-funded client work during good periods but also to self fund it's own spec work during hard times which it was then successfully able to sell multiple times and generate good revenue from. The marketing people may have learnt mega bucks from this but they kept the revenue coming in during lean periods. CGG refused to adopt this model and was prepared to accept contract at or below cost just to be seen. Veritas made more profit with fewer vessels than CGG ever managed to.

The changes to processes and management were not the only downward spirals. CGG became besotted with changing hardware and materials on the vessels, removing any system that was a non CGG developed property in favour of in house designs. Some of these in house designs were like taking the crews back to the stone age, they might have well as reintroduced dynamite back to the vessels.

The final nail in the coffin came when the CEO announced that "we have no interest in Wakefield" who we subsequently bought, followed very shortly by "we have no interest in acquiring Fugro" whom we subsequently bought all on borrowed money, about €1bn euros if i remember correctly.

Throughout all of these backwards steps management refused to listen, consult, liaise or learn from it's employees. Numerous reports and investigations sent from the vessel PMs/ VMs / DHs simply fell upon deaf ears. The upper management are solely to blame for the demise of what were two very good companies, yet I expect that none of these individuals has faced redundancy as a result.

I miss the days working offshore, the people, the places and the work we undertook (except barnacle cleaning) and my heart and best wishes go out to al those people. I do not miss one single individual of the CGG management, and wish them......................nothing !

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| 2941 views | | 12 replies (last July 3, 2017) | Reply
Post ID: @OP+O0nUGkH

12 replies (most recent on top)

Most direct managers don't listen in my experience, you can raise a valid point but instead of it being considered you will be labelled a bad employee for challenging/not believing in the "hierarchy".

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Post ID: @5sjg+O0nUGkH

Agreed

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Post ID: @4rev+O0nUGkH

Very good posts and right on as I worked for all.

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Post ID: @3odt+O0nUGkH

OTTIS POS

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Post ID: @2mev+O0nUGkH

So it's the same thing as GeoVation and GeoLand, powerful features, user unfriendly GUI, too many layers to remember and clumsy to use. Sounds familiar. Lol

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Post ID: @2mzy+O0nUGkH

To the individual asking what was OTTIS. This was CGGs in house development of a system originally used in the French automotive industry I believe. It was used for tracking............well pretty much everything. It was used to track equipment status, equipment locations, inventories, part numbers, maintenance schedules, repair histories, shipments, deliveries, path of the Hubble space telescope and when my laundry was finished, you name it, it tracked it. It was lovingly coined the Over The Top Information System by people who had to use it. It was so complicated and time consuming that individuals spent more time using it, or attempting to use it than they did on their actual jobs. It virtually created a whole department within CGG just to keep it operational yet the company refused to look for easier or simpler and cheaper systems on the market, maybe like a pen and paper ;)

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Post ID: @1sfw+O0nUGkH

DEAR SAD AND MAD. GREAT ANALYSIS. BUT WHAT IS OTTIS????

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Post ID: @1nfh+O0nUGkH

Funny that the name Veritas is creeping into these posts as soon as the bankruptcy proceedings are underway. It is only now that it is being aired when people are reflecting on what went wrong. 10 yrs ago Robert Brunck CGG CEO did a Town Hall in Crawley and confessed that CGG Seismic Services had never made money (implying of course that the success story was Sercel) and he recognised that Veritas had made money. 'We want to learn from you!' he exclaimed. We genuinely believed he meant it. Sadly, there were plenty in the layer beneath him in CGG who would not suffer the shame of such an admission, after all, they are the top 0.5% who have graduated from a Grande Ecole (set up by Charles De Gaulle to rebuild France after WW2 - and it was a plan that worked). In the 1960's to 1980's the UK suffered similar major business failures at the hands of the post war leaders (mainly from the military, not ecoles). The Richard Branson's of the modern era have changed all that over the last 20 years or so. Now, there is an understanding that you either need to know what you are doing at the top or you know who does below you and you allow them make proper business case based decisions and get on with delivering within their sphere of expertise.

The analysis is simple. Just look at the outdated Grande Ecole system. It gives alumni a god-given feeling of competency from being within that club. It is really ok not to have an in-depth knowledge of the industry. There is a brazen confidence that whatever eminates from their brains is just fine, even if they themselves see it as avant garde in nature; it really doesn't matter. Money is a dirty word. They think beyond these mortal bonds. They do not want to be in business anyway - they only ever wanted high-level government positions. Some of them still achieve this.

Veritas was just a business. CGG was something more.

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Post ID: @1jcj+O0nUGkH

Excellent post, spot on especially regarding ottis

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Post ID: @1roo+O0nUGkH

Nailed it.

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Post ID: @1nqm+O0nUGkH

Yes, good post and totally agree..... especially comment regarding OTTIS....whatever were they thinking!

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Post ID: @our+O0nUGkH

Good post

Thank you

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Post ID: @new+O0nUGkH

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