Talking to any of the exhausted and stressed out managers from the company, few appear to have confidence in even their own future. A new management team hired from outside has replaced most of the exisiting structure, and they have laid off and cut out many levels of expensive management.
Although they have talked growth for some parts of the business, there is no investment and the employees appear very concerned that their future is extremely uncertain.
Are you from the tabloid press, or a wannabe sensationalist reporter , trying to provoke answers that fits your picture of the business? You obviously have no idea of what you are talking about. Or maybe you have been talking to those people that should not be in their jobs in the first place.
There are no big changes in the management of the different CHC E companies; Changing an MD is no big deal as long as the rest of the organisation with all the experience stays!
The closing of the H1 facility in Aberdeen was IMHO a good business decision. They were never as good as H1 Norway on quality and on time delivery. And for the volume of work, it was not sufficient work for both entities in Europe. For the other facilities, I don't think they should have been there in the first place.
CHC Europe, especially CHC Norway is doing fine, they signed the possibly largest ever(worldwide!) offshore contract some time ago. They are building up to that now with
14 new machines, 92's and 225's. (even full AWSAR 225's) NO INVESTMENTS????
UK interim SAR with a bunch of 92's and 139's - NO INVESTMENTS???
Of course this is a rumour network, but do not fall for any cheap shots at a company that actually does quite well. I am not talking about the present UK HR issues here, mind you, but from previous experience through 30 years+, it is a good company to work for.