ASML Cuts Fewer Jobs, Delays Redundancies Until May 1 After Union Talks
Updated
Updated · Bloomberg · Jun 10
ASML Cuts Fewer Jobs, Delays Redundancies Until May 1 After Union Talks
1 articles · Updated · Bloomberg · Jun 10
Summary
ASML will make fewer layoffs than originally planned, with redundancies now set to take effect on May 1 after talks with Dutch trade unions.
Next month, the chip-equipment maker will tell staff whether their roles are affected, once consultations with the employee works council are completed.
The revised plan signals that union negotiations softened both the scale and timing of the job cuts, easing the immediate impact on workers.