Europe’s most valuable company is laying off 1,700 employees: These are the jobs that will be cut – The Times of India
ASML, the Dutch chip equipment maker that holds a global monopoly on the machines used to manufacture advanced semiconductors, is cutting roughly 1,700 jobs—about 4% of its 44,000-person workforce. The layoffs, announced in January alongside record full-year revenue of €32.7 billion, are targeting management and coordination roles, not engineers.Internal documents obtained by Business Insider show…