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Employees at ASML still don’t know whether they will lose their jobs, some seven weeks after the Dutch chip equipment maker announced plans to cut 1,700 management roles alongside record full-year revenue of €32.7 billion. The cuts target management positions in ASML’s technology and IT departments, with 1,400 roles going in the Netherlands and 300 in the United States, representing roughly 4% of the company’s global workforce.
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Employees at ASML still don’t know whether they will lose their jobs, some seven weeks after the Dutch chip equipment maker announced plans to cut 1,700 management roles alongside record full-year revenue of €32.7 billion. The cuts target management positions in ASML’s technology and IT departments, with 1,400 roles going in the Netherlands and 300 in the United States, representing roughly 4% of the company’s global workforce.
Go deeper with TH Premium: Chipmaking
The…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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