# ASML confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand.

*semiconductor · news · 2026-04-22 · The Economic Times*

## Key points

- ASML is cutting 1,700 middle management jobs to accelerate production and eliminate bureaucracy.
- The company will add approximately 1,400 new engineering roles, signaling a shift toward technical talent.
- Layoffs could allow competitors, particularly China, to attract ASML-trained engineering talent for semiconductor ambitions.
- These layoffs reflect an industry-wide shift toward flatter, engineer-driven organizations amid rising AI chip demand.

**Companies:** ASML
**Countries:** Netherlands

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/asml-layoffs-job-cuts-the-king-of-advanced-chip-making-machines-cuts-1700-jobs-in-major-shake-up-but-is-china-ready-to-lure-them-all-and-forge-its-own-asml-empire/articleshow/130441501.cms)

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