With demand flowed down to sub tiers who manufacture the components for the NXE / EXE being pushed out of Q4 and 2025, what's the downstream consequences? Are operations / support / program layoffs coming at ASML's level? Sounds like the chip manufacturers are not buying what we're selling.
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They do not know how to execute product development. They do not have that skill. They will NEVER get that reticle/wafer system working with the management team they have. This company goes through engineers and systems people like crazy and has a terrible reputation in the engineering community. BTW: This machine was supposed to be finished in 2018. So no volume production for the 5 nm mode until 2025 ( LOL!) This company needs to be bought out and cleaned out of serious managerial dead weight. Such a shame.
ASML Hired nearly 20k employees since 2019. The Chip Bo-m being the main cause but it does indeed to be slowing down. Not to panic what goes up must come down and correct. Layoffs never happen at ASML but i believe a restructuring will have to happen as some projects become less busy and relevant.