Technology

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

Source

Tom's Hardware

Published

Jan 28, 2026

TL;DR

AI Generated

ASML, a key player in chipmaking tools, plans to lay off employees despite a strong AI chip market and high stock prices. The company aims to streamline its Technology and IT departments, transitioning to a more product-focused engineering structure. The proposed cuts will mainly impact leadership roles, with 1,700 positions expected to be eliminated, primarily in the Netherlands and the United States. ASML's decision contrasts with industry trends of job cuts driven by AI and automation, with this move focusing on efficiency and innovation amidst company growth.

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

TL;DR

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Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

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

TL;DR

Similar Articles

Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

Taiwanese startup FormulaV Line wants to break into US market with two new unique cases — company expects products to become available on Newegg later this year

G.Skill explains how AMD EXPO ULL unlocks additional performance — expanded profiles allow memory makers to include subtiming tweaks for the first time

Huawei-led team claims it post-trained DeepSeek's 1.6-trillion-parameter model — 1,000 Ascend 910C chips used in training