Unions give green light to social plan at ASML

▤ Summary

ASML’s unions have approved the negotiated social plan tied to the company’s announced reorganization. The plan aims to cushion the impact on employees after ASML said it would make more than 3,000 of its 4,500 technical leaders redundant. Union leadership says the vote gives employees clarity, while it continues to push for no forced layoffs, more redeployment, retraining, and voluntary solutions. The unions also want better visibility for flexible workers and more transparency in the data-validation process. The decision reduces immediate uncertainty inside the company, even as debate continues around the broader restructuring.

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