# ASML has announced plans to cut about 1,700 jobs, mainly in its technology and IT organisations.

*semiconductor · news · 2026-01-28 · Times of India*

## Key points

- ASML will cut about 1,700 jobs, mainly in technology and IT, affecting 4% of its workforce.
- The layoffs target leadership roles, with most job cuts in the Netherlands and some in the US.
- ASML reported Q4 orders of €13.2 billion, beating analyst expectations and nearly doubling the previous quarter.
- ASML raised its 2026 sales outlook to €34–39 billion, up from prior flat-to-lower guidance.

**Companies:** ASML, Microsoft, Amazon, Alphabet, TSMC, Samsung
**Countries:** Netherlands, United States

[Read the full story on Times of India](https://timesofindia.indiatimes.com/technology/tech-news/europes-biggest-technology-company-asml-is-cutting-thousands-of-jobs-and-reason-cfo-says-is-feedback-that-the-company-has-complex-/articleshow/127698521.cms)

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