ASML may be looking to leave the Netherlands
tomshardware.com
ASML may be looking to leave the Netherlands
1–10 of 57 posts
Re: ASML may be looking to leave the Netherlands
#2Just curious given their role in the world economy, are they above sea-level there?
Re: ASML may be looking to leave the Netherlands
#3Just curious given their role in the world economy, are they above sea-level there?
ASML is located in the south of the Netherlands in Maastricht which sits at around 50m above sea-level.
So they have nothing to worry about on the climate change front
Re: ASML may be looking to leave the Netherlands
#4> A significant portion of ASML's workforce, about 40%, consists of labor migrants. The company has expressed concerns about the potential tightening of labor migration rules by a new right-wing cabinet, which could hinder its ability to hire new personnel and grow
Re: ASML may be looking to leave the Netherlands
#5May? Most likely will.
Re: ASML may be looking to leave the Netherlands
#6May? Most likely will.
Where would they go? Germany? They don't give any tax breaks for migrant workers there. Actually nobody else in the EU does, it's only a Netherlands feature. Switzerland? It's even more difficult to get work visas there. US? Same and you need to pay even higher wages. Belgium? UK? Luxemburg?
Re: ASML may be looking to leave the Netherlands
#7Just curious given their role in the world economy, are they above sea-level there?
ASML is located in the south of the Netherlands in Maastricht which sits at around 50m above sea-level. So they have nothing to worry about on the climate change front
50m above sea is not that safe !
Re: ASML may be looking to leave the Netherlands
#8Earlier quoted context omitted.
ASML is located in the south of the Netherlands in Maastricht which sits at around 50m above sea-level. So they have nothing to worry about on the climate change front
50m above sea is not that safe !
50m is a lot. Somewhere around 25-30% of the world's population lives below 50m MSL; if something were to happen that even threatened a facility at 50m, semiconductors are pretty far down our list of concerns.
Re: ASML may be looking to leave the Netherlands
#9Just curious given their role in the world economy, are they above sea-level there?
ASML is located in the south of the Netherlands in Maastricht which sits at around 50m above sea-level. So they have nothing to worry about on the climate change front
ASML is in Eindhoven, an hour's drive north of Maastricht.
Re: ASML may be looking to leave the Netherlands
#10> A significant portion of ASML's workforce, about 40%, consists of labor migrants. The company has expressed concerns about the potential tightening of labor migration rules by a new right-wing cabinet, which could hinder its ability to hire new personnel and grow
I love it when right wing political muppets are being shut down by innovative companies.
What a lot of xenofobic pundits from wealthy counties who vote right wing don't understand, is that a lot of their economic growth they saw in the last decade or two came BECAUSE of migration.
Would be curious if they're ready to put their money where their mouth is, as in, accept economic contraction for the sake of "getting rid of foreigners".