▲ 70 r/ASML
The real strategy behind the DE layoffs and the 2 year social plan
Let's be real about what ASML management is actually doing. Starting with "manager" cuts in DE is just the setup. DE isn't customer-facing, so it's a safe place to start without causing external panic.
The real goal is getting that 2-year plan locked in now so they can quietly gut the more customer-exposed factory and CS later. We already know part of production is moving to Asia. Management is terrified of the customer fallout when they finally slash those exposed departments. If they get a 2 year plan signed today, they won't have to negotiate a new one when things actually get messy.
This 2 year plan is a blank check for future layoffs.
u/almost_dutch — 2 days ago