ASML tries to keep employees until 2030 with €20K stock(dutchnews.nl) |
ASML tries to keep employees until 2030 with €20K stock(dutchnews.nl) |
> It also follows a turbulent start to the year for the workforce. In January, ASML said it would cut 1,700 jobs, mainly in the Netherlands, despite record 2025 results. In June, the company agreed with unions that there would be no forced redundancies until at least May 2027.
Hopefully China can achieve capability parity soon. Perhaps they could hire away ASML staff with more generous comp to accelerate their progress.
https://thediplomat.com/2026/07/chinas-euv-lithography-progr...
https://www.tomshardware.com/tech-industry/semiconductors/ch...
Preferably not.
In South Korea at the center of the memory boom, Samsung (agreed) to a profit sharing deal with employees of bonuses worth around $400k - $600k [0]. That is enough to keep them at the company.
Europe on the other hand has no money to keep employees there.
[0] https://www.theguardian.com/technology/2026/may/27/samsung-m...
It’s sort of humorous in a long story arc sort of way that the USSR lost to the US (and to a lesser extent, Europe), who will now end up losing to China. You just have to focus on building and maintaining the ability to build, and staying focused on building the right things. A case study in state capacity and good governance.
You say that as if it’s a foregone conclusion.
Let me think about it.
In the meantime, how would you frame the bet?