Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
ASML, a Dutch manufacturer of advanced chip-making equipment, has announced a restructuring plan involving the reduction of 1,700 jobs, mainly affecting management positions within its technology department in Veldhoven, North Brabant. The jobs—mainly managerial positions—will be lost primarily in the Netherlands, with a small number in the United States ASM 2026 - WO.
The company stated that this internal restructuring is aimed at increasing organisational agility to prepare for anticipated future growth, rather than reducing costs.
Trade union CNV expressed shock at the announcement, particularly given its timing alongside ASML’s presentation of record-breaking 2025 financial results and optimistic 2026 growth forecasts. CNV questioned the rationale for reducing staff while simultaneously planning capacity expansion. ASML maintains that the restructuring is necessary to ensure its core innovation engine remains highly efficient amid surging global demand for AI-related semiconductor technologies.
Eurofound (2026), ASM Lithography (ASML), Internal restructuring in Netherlands, factsheet number 204086, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204086.
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