ASML has announced plans to cut about 1,700 jobs, mainly in its technology and IT organisations. These new plans were announced in a statement by Christophe Fouquet, the CEO of Europe’s biggest technology company, on the same day the Dutch semiconductor equipment maker reported its 13th consecutive year of sales growth. ASML CFO Roger Dassen noted that the cuts follow feedback that the company has a “complex organisation”, which can lead to excessive time spent coordinating processes. During a call with reporters, Dassen said, \u201cWe want to make sure engineers can be engineers again,\u201d Bloomberg reported. The restructuring affects Europe’s biggest chip equipment maker as it seeks to streamline operations and reduce organisational complexity, which has been identified as a hindrance to efficiency. <\/p>\n","protected":false},"excerpt":{"rendered":"
ASML has announced plans to cut about 1,700 jobs, mainly in its technology and IT organisations. These new plans were announced in a statement by Christophe Fouquet, the CEO of Europe’s biggest technology company, on the same day the Dutch semiconductor equipment maker reported its 13th consecutive year of sales growth. ASML CFO Roger Dassen noted that the cuts follow feedback that the company has a “complex organisation”, which can lead to excessive time spent coordinating processes. During a call with reporters, Dassen said, \u201cWe want to make sure engineers can be engineers again,\u201d Bloomberg reported. The restructuring affects Europe’s […]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-988597","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=988597"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/988597\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=988597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=988597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=988597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}