Sarah Jacob / Bloomberg:

ASML CEO Christophe Fouquet says the company plans to cut 1,700 jobs, or 4% of its workforce, mainly in its Tech and IT organizations; ASML jumps 5%+ pre-market  —  ASML Holding NV said it will cut about 1,700 jobs in the middle of a sales boom after feedback that the Dutch chip-machine maker is too bureaucratic.

Sarah Jacob / Bloomberg:

ASML CEO Christophe Fouquet says the company plans to cut 1,700 jobs, or 4% of its workforce, mainly in its Tech and IT organizations; ASML jumps 5%+ pre-market  —  ASML Holding NV said it will cut about 1,700 jobs in the middle of a sales boom after feedback that the Dutch chip-machine maker is too bureaucratic.

Source: TechMeme
Source Link: http://www.techmeme.com/260128/p18#a260128p18