ASML plans to cut about 1,700 jobs as part of a restructuring aimed at reducing management layers and simplifying its organizational structure. The reductions focus mainly on managerial roles, as the company seeks to improve decision-making speed and operational efficiency.
The move comes despite strong demand for ASML’s chipmaking equipment, driven by sustained investment in artificial intelligence and advanced semiconductor manufacturing. Order intake remains elevated, and the company continues to benefit from long-term commitments by major chipmakers expanding AI-related capacity.
ASML says the job cuts are intended to sharpen focus on engineering and core technology development rather than signal weakening demand. The decision highlights how even fast-growing technology suppliers are adjusting internal structures to support scale and long-term competitiveness.