Overview
- Internal documents obtained by Business Insider list manager and coordinator titles set to be dropped, including department manager, group leader, team leader and product owner.
- ASML confirmed a six-week recruitment freeze in the summer as it reshapes its organization.
- The company still targets about 1,700 job cuts and plans roughly 1,400 new engineering roles to put more people on core product work.
- Separate documents show the expected U.S. impact was reduced to 185 roles, and ASML says at-risk employees will get priority for new openings.
- Workers and unions, after a March walkout at the Veldhoven headquarters, plan a protest at the shareholder meeting as talks with the works council continue.