ASML, the Dutch semiconductor equipment giant, announced on January 28, 2026, that it is streamlining its Technology and IT organizations to refocus on engineering and innovation. This restructuring, driven by a need to regain agility and simplify processes after rapid growth, will result in layoffs, primarily at leadership levels. While the exact number of affected employees was not specified, the company emphasized its intention to continue overall workforce growth, creating new engineering roles even as some positions are eliminated. The move aims to better position ASML for future expansion in the semiconductor industry, where it is a leading global player.