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ASML plans to stop hiring for six weeks in the summer and has cut the number of expected job cuts in the US from 300 to 185.
ASML plans a summer hiring freeze of six weeks, as indicated by internal documents.
KEY POINTS
- The number of planned US layoffs at ASML has been reduced from 300 to 185.
- ASML is reducing senior architect roles and redefining their responsibilities within the company.
- Despite restructuring, ASML aims to hire about 1,400 new engineers for growth.
- Semiconductor sales are projected to surpass $1.3 trillion globally by 2026, driven by AI demand.
COMPANIES
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