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ASML may be looking to leave the Netherlands

tomshardware.com

11–20 of 57 posts

Re: ASML may be looking to leave the Netherlands

#11

> 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…

Why is migration considered a good thing? Migrants are taking away jobs from locals. Moving places is hard, you leave family and friends behind. It’s better when everybody finds jobs locally where they live.

Re: ASML may be looking to leave the Netherlands

#13

May? 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?

Canada, our government's happy to have companies bring in underpaid foreign labour instead of hiring locals. Sad that hasn't really gotten is anywhere in terms of attracting business investment.

I think maybe we should see through the corporate nonsense and stop pandering to these companies and their demands. There's more to being investment friendly than just offering low taxes and a surplus of cheap foreign labour.

Re: ASML may be looking to leave the Netherlands

#14

May? 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?

Dubai, Israel, Singapore. Why do you think only Europe can do this?

Re: ASML may be looking to leave the Netherlands

#15

Earlier quoted context omitted.

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…

Why is migration considered a good thing? Migrants are taking away jobs from locals. Moving places is hard, you leave family and friends behind. It’s better when everybody finds jobs locally where they live.

The EU overall is in a less than reproduction rate. With less than two kinds per woman on average. With the boomer generation going into pension now there are a lot of jobs left unassigned. At the same time people are getting better educated and strive for higher jobs.

The notion that immigrants take away jobs is bullshit that has been fed to you by exactly those right wing shills. It's not the 2000nds anymore. We need so many workers l, especially in those low wage/low skill jobs.

At the same time employing an immigrant is much harder cultural wise that every employer probably picks a local over a immigrant when having the choice.

But feel free to talk to any recruiter.

Re: ASML may be looking to leave the Netherlands

#16

> 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

Not informed about NL politics, but would any government be hindering high skilled legal immigration? In my experience this type of migration is highly encouraged, regardless of the left/right leanings of a government.

Re: ASML may be looking to leave the Netherlands

#17

Earlier quoted context omitted.

Why is migration considered a good thing? Migrants are taking away jobs from locals. Moving places is hard, you leave family and friends behind. It’s better when everybody finds jobs locally where they live.

The EU overall is in a less than reproduction rate. With less than two kinds per woman on average. With the boomer generation going into pension now there are a lot of jobs left unassigned. At the same time people are getting better educated and strive for higher jobs. The notion that immigrants take away jobs is bullshit that has been fed to you by exactly those right wing shills. It's not the 2000nds anymore. We ne…

They said that about Canada too. As a result we had a surge in immigration that led to huge jumps in youth unemployment.

If companies are so desperate for workers why are wages stagnant and why are so many people getting ghosted during job interviews and why does it take so many applications to find a job. This doesn't add up.

We have record numbers of women in the workforce basically doubling the number of workers compared to the 50s. But apparently we can't find workers.

And now we're right wing racists because we object to you bringing in people from low income countries to work low skill entry level positions in a proposed system that a little too closely resembles colonial era slave trade.

Meanwhile there's a huge strain on housing prices and infrastructure and social services as we struggle to absorb this influx - why so corporations can have higher profit margins. So GDP can get a little higher.

And these clueless out of touch elites wonder why people are moving to the far right.

Re: ASML may be looking to leave the Netherlands

#19

Earlier quoted context omitted.

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…

Why is migration considered a good thing? Migrants are taking away jobs from locals. Moving places is hard, you leave family and friends behind. It’s better when everybody finds jobs locally where they live.

Migration in general maybe not so much because then it's mostly just used as wage suppression, but skilled migration in niche fields like the one ASML operates in is absolutely necessary since a small county like NL can't produce all the specialized labor a large and growing company like ASML in a short timespan to satisfy their massive order books.

Training a skilled semiconductor engineer can take 6+ years but you need them right fucking now. You can't compress 6 years of education and training experience in an instant no matter how much you were to pay for the locals.

TSMC and Intel won't want to wait 6 years. They might as well wait for Nikon and Canon to solve EUV.

Re: ASML may be looking to leave the Netherlands

#20

Earlier quoted context omitted.

Why is migration considered a good thing? Migrants are taking away jobs from locals. Moving places is hard, you leave family and friends behind. It’s better when everybody finds jobs locally where they live.

Migration in general maybe not so much because then it's mostly just used as wage suppression, but skilled migration in niche fields like the one ASML operates in is absolutely necessary since a small county like NL can't produce all the specialized labor a large and growing company like ASML in a short timespan to satisfy their massive order books. Training a skilled semiconductor engineer can take 6+ years but you…

Wouldn't they be better off filling most positions locally even if quantity dips because long term those skills transfer rathering then hoping a migrant becomes a local? 40% is a high number required.
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