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.
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