semiconductor / news / / Times of India
ASML has announced plans to cut about 1,700 jobs, mainly in its technology and IT organisations.
ASML will cut about 1,700 jobs, mainly in technology and IT, affecting 4% of its workforce.
KEY POINTS
- 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
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