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 that it plans to cut about 1,700 jobs worldwide by the end of 2026.
The restructuring primarily will affect management and support roles within the technology and IT divisions in the Netherlands ASM Lithography (ASML) 2026-NL and the United States.
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.
Based in the Netherlands, ASML is a global leader in the chip industry with over 43,520 employees.
Eurofound (2026), ASML Lithography (ASML), Internal restructuring in World, factsheet number 204168, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/204168.
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