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ASML staffing changes could result in a net reduction of around 1700 positions

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Re: ASML staffing changes could result in a net reduction of around 1700 positions

#71

Post by elric »

skrebbel wrote: post #13

The press release ( https://www.asml.com/en/news/press-releases/2026/strengtheni... ) seems remarkably to the point, for CEO press release standards. I'm impressed by their ambition to fire 1700 managers (!) That's a lot of managers! I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code), I didn't feel at th…

> I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code)

How is one exposed to tens of millions of lines of unmaintainable code during an interview?

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#72

Post by danpalmer »

ksec wrote: post #53

May be the word is used somewhat differently across the world. But I assume this isn't "Firing" but actually "laid off" ? You could say it is restructuring, eliminate positions or laid off but firing to me means something very different.

The translation I'm reading says that it's laying off.

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#73

Post by zwaps »

skrebbel wrote: post #13

The press release ( https://www.asml.com/en/news/press-releases/2026/strengtheni... ) seems remarkably to the point, for CEO press release standards. I'm impressed by their ambition to fire 1700 managers (!) That's a lot of managers! I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code), I didn't feel at th…

Many large corporations in Europe, especially in sectors of prior consistent growth and profit, are chock full of too many managers.

These are people who primarily create work for themselves and each other. I have sat in meetings about meetings for actions that, ultimately, have zero impact, in teams where managers involve outnumber people who actually execute anything three to one. It's staggering.

I believe the best way to kill a company is to have middle management beyond the absolute minimum you might need.

So, ASML is extremely on point here.

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#74

Post by [deleted] »

Der_Einzige wrote: post #67
Nition wrote: post #58

Earlier quoted context omitted.

As I understand it, white-collar work at all levels is eliminated, as are creative pursuits (art, music, etc), and we can finally return to humanity's true calling - manual labour.

This but unironically. I'm hoping I can get into the skilled blue collar labor before it gets flooded by the hordes of unemployed AI researchers circa the 2030s (likely 2028 lol). No I'm not even kidding

[deleted]

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#75

Post by pezgrande »

maciejzj wrote: post #28

Guys, is the current narrative that, due to AI, pure engineering is gone and we’re all supposed to be “managers”, or is it the other way around? I kinda lost the plot here.

My theory: AI is making companies move faster or be left behind. Too many managers usually means bigger red tape.

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#76

Post by repelsteeltje »

tehmillhouse wrote: post #38
stingraycharles wrote: post #9

Earlier quoted context omitted.

It's a signal that the finance people are becoming more important to the company, but not necessarily a bad thing; it's effectively a more (tax) efficient form of dividends, which isn't very controversial. ASML is a fairly old company (40+ years), and they have been doing share buybacks since 2006: https://www.asml.com/en/investors/why-invest-in-asml/share-b...

Every time I can remember that the finance people have become more important to a company, it has led to the disappearance of the internal culture geared towards excellence that got a company to that point in the first place.

I guess it's simply the externalities issue. Finance people optimize finance, which among other things results in improved efficiency. But despite best intentions to map out all incentives that matter, it always fails to consider some aspects. Focusing on short-term profits, ignoring privacy, security or pollution because it's free, lobbying for favourable legislation that hampers competitors, etc.

These are things that don't show in a spreadsheet unless you're explicitly incentivized to look at them. But that's never the case because the number of KPIs is always finite while there are infinitely many aspects that could potentially be subverted.

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#77

Post by nialv7 »

It's insane to me how the manager culture is. Somehow going from an engineer to a manager is a "promotion"?

No, they are equals. Just different people doing different kinds of jobs. There should be two tracks and people should be able to choose. If engineers feel they have to become managers to grow their careers, all you are getting will just be unhappy engineers and bad managers.

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#78

Post by KellyCriterion »

elric wrote: post #71
skrebbel wrote: post #13

The press release ( https://www.asml.com/en/news/press-releases/2026/strengtheni... ) seems remarkably to the point, for CEO press release standards. I'm impressed by their ambition to fire 1700 managers (!) That's a lot of managers! I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code), I didn't feel at th…

> I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code) How is one exposed to tens of millions of lines of unmaintainable code during an interview?

I understood that this was what they (interviewers) complained about and he got an impression about this by hearing their stories?

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#79

Post by AmbroseBierce »

elric wrote: post #71
skrebbel wrote: post #13

The press release ( https://www.asml.com/en/news/press-releases/2026/strengtheni... ) seems remarkably to the point, for CEO press release standards. I'm impressed by their ambition to fire 1700 managers (!) That's a lot of managers! I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code), I didn't feel at th…

> I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code) How is one exposed to tens of millions of lines of unmaintainable code during an interview?

Making the right questions when they ask if you have any questions

Re: ASML staffing changes could result in a net reduction of around 1700 positions

#80

Post by [deleted] »

elric wrote: post #71
skrebbel wrote: post #13

The press release ( https://www.asml.com/en/news/press-releases/2026/strengtheni... ) seems remarkably to the point, for CEO press release standards. I'm impressed by their ambition to fire 1700 managers (!) That's a lot of managers! I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code), I didn't feel at th…

> I interviewed with ASML a decade and a half ago and while there was plenty to complain about (eg their tens of millions of lines of absolutely unmaintainable C code) How is one exposed to tens of millions of lines of unmaintainable code during an interview?

[deleted]
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