Chip machine maker ASML is taking things a little easier by hiring new staff, following strong workforce growth last year. This was confirmed by a spokeswoman for the Veldhoven company on the recommendation of Eindhovens Dagblad. The chip industry is facing uncertainty due to the weakening global economy and the impact of high inflation on consumer spending.
Last year, ASML hired 10,000 new people worldwide, growing its workforce to approximately 40,000. About half of them work in the Brabant region. According to the spokeswoman, many people who live in the Randstad have also come to work at the ASML. According to her, this is due to the possibility of working partly from home. Incidentally, those 10,000 people last year don’t represent “net” growth. “We have also replaced people who have left the ASML for another job or due to retirement.”
ASML says in a statement that the semiconductor industry has strong long-term growth prospects but is facing a short-term recession. It is unclear when a recovery can be expected. As noted during the first quarter data announcement, ASML’s revenue is still expected to grow more than 25% this year. Thanks to our recruitment policy, we have sufficient staff to support this growth scenario.’
The group does not have a full hiring freeze. The spokeswoman indicates that it is now particularly important that all those who are new “get a good job”. ASML’s backlog stood at €38.9 billion at the end of the first quarter.
Source: BNR
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