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Business·22.04.2026Résumé IA
ASML Cutting 1,700 Jobs While Posting Record Revenue, Sparking Worker Protests
ASML, the Dutch chip equipment maker monopolizing advanced semiconductor manufacturing machines, is cutting roughly 1,700 jobs (4% of its 44,000-person workforce). The layoffs target management and coordination roles, not engineers, with CEO Christophe Fouquet citing excessive layering and slow processes. The company will create around 1,400 new engineering roles. Over 1,000 employees staged a walkout in March, with unions calling for further protests at the shareholder meeting.
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Times of India