ASML, Eindhoven sign development deal bringing 20,000 jobs

DutchNews.nl— Chip machinery maker ASML is planning a major expansion in the Eindhoven region, putting rumours it may leave the Netherlands to bed and adding up to 20,000 workers to its local workforce. The company and Eindhoven city council on Monday signed a non-binding statement of intent, including a commitment to develop the northerly part of the “Brainport” industrial area where much of the city’s high tech industry is concentrated. Last month the government announced a €2.5 billion package of measures

NL Times—ASML to stay and grow in Eindhoven area, creating up to 20,000 jobs. Chip giant ASML is set to create up to 20,000 jobs with a potential expansion in Eindhoven, marking a major win for the Dutch tech industry. ASML's expansion plans will likely involve the Brainport Industries Campus (BIC) west of the city, a significant victory for the outgoing Cabinet's backroom negotiations with the company, nicknamed "Project Beethoven."

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ETtech.com—job cuts: Top IT companies cut over 72,000 jobs in FY24. Once known for hiring hundreds of thousands every year, five of India’s top six information technology services companies reported a reduction of 73,600 in their total headcount in the last fiscal yearHCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the...