Europe's most valuable technology company is doing something unusual. Instead of cutting jobs, Dutch chip equipment giant ASML is paying employees to stay.
According to a Reuters report, the company shared this week that eligible employees will receive a conditional stock grant worth €20,000 (US$22,824) if they remain with the business between January 1, 2027, and January 1, 2030.
This plan comes as semiconductor companies worldwide compete for a limited pool of engineers capable of building the equipment powering today's artificial intelligence boom.
Why ASML is paying employees to stay
According to ASML, the €20,000 award will be issued as a conditional stock grant, although the company says the final terms are still being worked out. Eligible employees who remain with the company until 2030 will receive the award, making it a classic long-term retention incentive rather than an annual performance bonus.
The decision follows another strong financial quarter for the company. Earlier this month, ASML reported a net income of €2.92 billion (~US$3.3 billion) and said demand for its flagship extreme ultraviolet (EUV) lithography systems remains so strong that production is effectively booked through 2027.
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