ASML Cuts Fewer Jobs After Union Talks

ASML Holding NV, a key supplier of chip-making equipment, will implement fewer job cuts than initially planned. This adjustment follows constructive negotiations with Dutch trade unions. The revised plan delays the effective date of these redundancies until May 1st, indicating a collaborative approach to workforce adjustments. The company's decision reflects a balance between operational needs and employee relations, potentially easing concerns about immediate large-scale layoffs within the semiconductor supply chain.