The European monopolist cuts jobs. Layoffs despite record results
ASMLthe world’s only manufacturing company machines necessary to produce the most advanced integrated circuitsannounced plans to reduce employment. The decision was made despite huge investments in AI infrastructure and very good financial results. The company explains this move with an extensive reorganization of its structures.
ASML machines are used by, among others: TSMC, Intel and Samsung
The Dutch announced the simplification of the operation of the Technology and IT and Data departments. In practice this means this moving away from the design-matrix model in favor of a structure in which most engineers will be assigned to specific products. The goal is to make decisions faster and reduce bureaucracy.
The consequence of the changes will be the elimination of some positions, mainly at managerial levels. At the same time, the company emphasizes that it does not intend to weaken its engineering competences. On the contrary, it is planned to create new technical roles that will strengthen key projects and support the development of both ASML itself and its clients.
In total, the employment reduction will cover approximately 1,700 positionsand it will be felt the most in the Netherlands and the USA At the same time, the company is still planning recruitment in the areas of production, customer support and sales. Additionally, the expansion of the Eindhoven campus is scheduled to be completed by 2028.
This is one of the first major pieces of information about layoffs in the technology industry in 2026. Last year, this sector struggled with a wave of cuts that affected over 100,000 jobs. He was then in the lead Inteland was followed by, among others, Microsoft and Meta.
