ASML Reports Record Year, Plans to Lay Off 1,700 Employees

ASML Reports Record Year, Plans to Lay Off 1,700 Employees

ASML, the leading chip manufacturing company, has achieved a record-breaking year in 2025. The company is headquartered in Veldhoven, Netherlands, and anticipates even greater success in the current year. However, ASML has announced plans to lay off approximately 1,700 employees as part of its restructuring efforts. This decision comes alongside the company’s financial disclosure for 2025, which highlights the necessity of streamlining operations for future growth.

Financial Performance in 2025

In 2025, ASML reported a net profit of €9.6 billion, generated from a total revenue of €32.7 billion. For the upcoming year, the company forecasts revenue growth of between €34 billion and €39 billion. A substantial order book contributes to this positive outlook, with customers placing orders exceeding €13 billion in the last quarter of last year—nearly doubling the figures from the same period in 2024.

Record Orders and Market Expectations

  • Record orders of €28 billion received in 2025.
  • Significant customer interest in artificial intelligence technologies.
  • Delivery times for new orders range from one to one-and-a-half years.

These orders are for the advanced machines essential for chip production. Major clients include renowned chipmakers such as TSMC, Intel, and Samsung, who utilize these chips in various electronic devices, from smartphones to data centers.

Workforce Restructuring Initiatives

Despite the impressive financial results, ASML is adjusting its workforce, with the majority of layoffs anticipated to occur in the Netherlands. Approximately 43,520 employees currently make up the ASML workforce. In communication with staff, the company emphasized the importance of focusing on technology development. The leadership aims to create a dynamic culture that fosters innovation, essential for sustaining success.

Focus on Development and Innovation

ASML’s management has outlined plans to enhance its technology and IT departments. Discussions will be held with social partners in the Netherlands over the coming weeks to determine the scope of these changes. The goal is to foster responsible growth while bolstering innovation.

As part of this transition, the company predicts that new job opportunities will arise in production, customer service, and sales due to the development and maintenance of new machines.

Impact on the Dutch Economy

As one of Europe’s largest companies, ASML plays a crucial role in the Dutch economy. The success of ASML not only affects its own workforce but also has a ripple effect on other businesses. Consequently, shareholders will benefit from the company’s robust profits, with dividend payouts set at €7.5 per share. Additionally, ASML plans to buy back €1.7 billion in shares, enhancing value for its investors.