US EditionUnions Criticize ASML for Laying Off Staff Despite Expansion Plans
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Unions criticize ASML for laying off staff despite expansion plans
The CNV union said it was “completely taken aback” by ASML’s plan to cut 1,700 jobs. The Veldhoven-based chip equipment maker revealed this on Wednesday, alongside news of record revenue last year. The union described the explanation as “very unclear.”
ASML plans to cut hundreds of management jobs – something that has "completely overwhelmed" the CNV union. The union says it will discuss the layoffs with the company on Wednesday afternoon. "We'll hear more details then," a CNV spokesperson said. Approximately 1,700 employees, 1,400 of whom are in the Netherlands, will be let go, the Veldhoven-based chip machine maker announced Wednesday morning. According to Chief Financial Officer Roger Dasse…
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