ASML to lay off employees despite AI chip boom and record high stock price — company to streamline IT and Technology departments, proposed cuts mostly affect leadership roles

Tom's Hardware
Jan 28, 2026, 3:15 pm289 ptsTop
ASML announced that it's cutting around 1,700 positions — mostly at the leadership level — to streamline its operations. Its Technology and IT & Data organizations will be hardest hit by the planned layoffs.

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