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ASML JOB CUTS
PM Modi distributes over 51,000 appointment letters at 19th Rozgar Mela; highlights India’s global tech rise and youth opportunitiesPrime Minister Narendra Modi distributed over 51,000 appointment letters to new government recruits. These individuals will join various ce...- Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart betHappy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This a...
- ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...
- List of European companies which cut jobs in response to slowing economySeveral European firms are reducing their workforce. Companies in the automotive, banking, energy, and consumer goods sectors are announcin...
- Peloton cuts 11% of jobs, with engineering teams getting hitPeloton Interactive, the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move. The cutback mostl...
- Amazon cuts 16,000 jobs globally in broader restructuringReuters first reported last week that Amazon was planning a second round of job cuts as part of a broader goal of trimming about 30,000 cor...
- Chip equipment maker ASML cuts nearly 4% of staff while trimming 1,700 jobsTop computer chip equipment maker ASML logged record orders in the fourth quarter on Wednesday and boosted its 2026 outlook as demand surg...
- European shares steady with focus on upcoming US data; Siemens slidesEuropean shares were steady on Thursday, as investors braced for crucial U.S. economic data following the end of the nation's longest gover...
- S&P 500 ends higher after strong bank earnings, chip stocks rallyIndian markets surprisingly jumped after the S&P 500 finished higher. Big banks like Morgan Stanley and Bank of America saw a boost from so...
- European shares head for quiet end to event-packed weekEuropean shares were muted on Friday and were set to end an event-filled week marginally lower, which included crucial central bank decisio...
- European shares rise as Inditex leads retailers, Novo Nordisk shinesEuropean shares experienced a rise, propelled by strong performances in the retail sector, particularly Inditex, which reported accelerated...
- Dutch tech giant ASML sees profits rise but warns on 2026ASML reported Q2 2025 net profit of €2.3 billion, up from €1.6 billion, with sales reaching €7.7 billion. However, the firm warned of 2026 ...
- 5 world market themes for the week aheadThis week, critical economic events include the U.S. Federal Reserve, European Central Bank, and Bank of Canada's first 2025 meetings. Inve...
- Chip maker ASML supplier VDL denies reports it is cutting jobsThe report by Business News Radio cited an internal memo. A spokesperson for VDL said the company is reducing a small number of the flexibl...
- 5 world market themes for the week aheadThe upcoming week promises significant market activity with pressure on Joe Biden's election prospects, anticipation of a Fed rate cut, key...
- European stocks at record on tech and ECB betsThe pan-European STOXX 600 benchmark rose by 0.7%, with the technology subindex surging 2.6%, driven by significant gains from Wall Street'...
- European shares dip as investors await cues on policy outlookBasic resources was the worst-hit sector, down 1.7% on weakness in most metals. Construction and material, financial services and technolog...
- European shares edge higher on boost from chipmakers ahead of US jobs dataThe pan-European STOXX 600 index rose 0.5%, with technology stocks rising 1.0%. The STOXX 600 is set to end the week flat.
- Suez shows civilization is more vulnerable than we thinkIt’s a reminder that even an advanced civilization like ours has points of acute vulnerability.
- Chip makers' supplier ASML cuts 1,000 staffASML Holding NV, a key supplier to Intel Corp. and other computer chip makers, said Thursday it is slashing 1,000 jobs _ more than 10 perce...
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