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ASML to cut fewer jobs after talks with Dutch unions

Published by Global Banking & Finance Review

Posted on June 10, 2026

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· Last updated: June 10, 2026

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ASML to Cut Fewer Jobs Than Planned Following Discussions With Dutch Unions

ASML Revises Job Cut Plans After Union Talks

Initial Job Cut Announcements

June 10 (Reuters) - Chip-equipment maker ASML will cut fewer jobs than initially planned, Dutch unions said in a statement after talks with ASML.

Timeline and Employee Impact

Redundancies and Role Changes

Redundancies are now expected to take effect from May 2027, ASML spokesperson Monique Mols said, adding that employees will be informed before the end of this month whether their roles are affected. She said instead of redundancy, some might see their roles changed within the company.

Company’s Commitment to Employees

"We want to see as few people as possible forced to leave", she said.

Reporting and Editorial Information

(Reporting by Anna Peverieri in Barcelona; Charlotte Van Campenhout in Amsterdam, Editing by)

Key Takeaways

  • ASML initially proposed cutting about 1,700 management and IT roles (roughly 4% globally) to streamline bureaucracy and boost efficiency (trendforce.com).
  • Following a social plan agreed with unions (FNV, CNV, De Unie, VHP2), forced layoffs are expected to be reduced by several hundred; internal redeployment and severance provisions have been arranged (nltimes.nl).
  • Redundancies are now scheduled to take effect in May 2027, with employees to be notified by the end of June 2026 and role changes preferred over job losses (nltimes.nl).

References

Frequently Asked Questions

Why is ASML cutting fewer jobs than initially planned?
ASML decided to cut fewer jobs following talks with Dutch unions, aiming to minimize the number of forced redundancies.
When will ASML redundancies take effect?
Redundancies at ASML are now expected to take effect from May 2027.
How will affected ASML employees be informed?
Employees will be notified before the end of this month whether their roles are affected.
Will all affected ASML employees lose their jobs?
Not all affected employees will be made redundant; some may have their roles changed within the company.
What is ASML's approach towards job losses?
ASML aims to see as few people as possible forced to leave, considering alternative solutions like role changes.

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