People are exchanging information of interview and openings in other companies. More and more colleagues are leaving in the following quarter.
22 replies (most recent on top)
it is always good news for the french.
Why?
If you work in France this is good news? If you do not work in France this is bad news?
https://www.cgg.com/en/Investors/Press-Releases/2018/9/CGG-Apply-Delisting-ADS-NYSE-Deregistration-SEC
Many of the Shearwater (Dolphin) management are ex-Veritas and Multiwave, which is an important distinction from ex-CGG.
They were presumably fed up with the merger and basically CGG dragging their previous companies down.
OK Dolphin cratered because of the downturn, and market misjudgment from senior management in Oslo, but Shearwater has more disciplined senior management. Remains to be seen if the WG vessel buyout works in the long term.
Back in the early 00's CGG definitely had the genius investment of Redhill.
Shame now 2 decades on its obsolete and should be binned for cloud processing. Their flexible CPU power dwarfs Redhill and much cheaper as does not require a complete IT support team, building, utility costs, maintenance,...
But oh yeah, CGG genius has been removed.
word is Redhill is gonna crater soon when all the disaffected CGG staff leave. Redhill always was the compute powerhouse but all the ex-CGG staff are being replaced by Ex-Veritas.
Apparently you can tell the ex-Veritas staff cos they all have new company cars, surface pro notebooks and dual 30 inch screens.
ex-CGG don't have company cars , have ancient laptops and dual 22 inch screens
all kinda obvious and not very subtle.
5 of the management team @ shearwater are former cgg staff!!!!!!!!!!!!!!!!!!!!
http://www.shearwatergeo.com/15/about-us/our-management-team >_<
Received an offer from China sinopec Houston office, very decent package.
There was another thread after this one which got removed from the site.
Does anyone know why?
To the person who joined Shearwater.
They are a genuinely nice team. I know many people there in key roles and have respect for their fairness and opportunity making.
I have recently been hired by Shearwater and very grateful for it.
If you are going to buy shares in CGG it should be for a quick sale. Take the money & run. Seismic companies are at the bottom end of the oil business, often giving no return on shares in the long run.
You don’t know why your shares went down? They released more shares and diluted the value of every other share in the process. You shouldn’t have bought them as you obviously had no idea what you were doing.
Get rid of CGG shares, The Sooner the Better!! Buy IBM shares!!
Last year at this time I bought stocks at about $7/share hoping they would be doubled soon on the basis of the company's recent recovery from bankruptcy coupled with an increase in price of oil. So far I am very disappointed because my shares plunged to below $3 and there is no hope that it would bounce back to $7 so that I can recover my lost investment. I don't understand why the shares won't go up to the same level that was exist before filing for bankruptcy which was more than $12? Ironically, the share price was much higher during bankruptcy than the period after coming out of bankruptcy.
i know for a fact that no one has left redhill recently except one retiree this year. in fact there have been several staff relocated to this site in the last year or so.
Most of them wouldn't pass an interview for MacD, BK or KFC. The guys I worked with @ Redhill a couple of years ago just wanted do the basics, by doing do so they still earned a production bonus due managers marking them up, otherwise it would make those managers look ineffectual.
Ha ha ha.
CGG give away their boat at bargain basement pennies
Schlumberger sell theirs for a fair price.
CGG once the market leader, now a trivial minion behind Polarcus, PGS and now Shearwater
And still CGG debts are increasing...
Would people really desert such a company!
In the bin with your fake news... Ha ha ha
McDonald's, Burger King, KFC are recruiting.....
Dear @ULCP2s6,
Are you willing to exchanging information of interview and openings in other companies?
If not, then please stop posting cr@p on here.
SO WHICH COMPANIES ARE THEY JOINING?
Fake news?