ASML announced a reduction of 1,700 staff members. This action targets bureaucratic inefficiencies. The company seeks faster decision-making. It will create 1,400 new technical positions. This emphasizes a focus on core engineering.
https://m.economictimes.com/news/international/us/asml-layoffs-job-cuts-the-king-of-advanced-chip-making-machines-cuts-1700-jobs-in-major-shake-up-but-is-china-ready-to-lure-them-all-and-forge-its-own-asml-empire/amp_articleshow/130441501.cms