ASML to strengthen focus on engineering and innovation; potential net reduction of ~1,700 jobs
Summary
ASML announces a focused shift to strengthen engineering and innovation by streamlining the Technology and IT organizations. The plan could result in a net reduction of about 1,700 positions, mostly in the Netherlands with some in the US, while new engineering roles are created to support growth. The changes aim to simplify processes, improve agility, and align teams with product-focused delivery, with ongoing discussions with social partners.