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ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation

ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...

Enterprises Claim 42% Gig Share as Tier-2 Cities Hit 38.8% by FY27: foundit

India's gig economy has transitioned from startup-driven volume hiring to enterprise-led capability deployment, with MNCs and large organisations now accounting for 42% of all gig jobs according to foundit latest Insights Tracker. White-collar gig positions expanded from 6.8 million in FY25 to 8.23 million in FY26, with projections reaching 10.2 million by FY27, reflecting structural shifts toward flexible, high-skill talent models amid GCC expansion...

India Inc Projects Steady 9.1% Salary Hikes for 2026: Deloitte

India's corporate sector is set for measured salary growth in 2026 with companies projecting an average increment of 9.1 percent, a slight uptick from 9.0 percent last year, as organisations sharpen performance differentiation while navigating a buyer's market for talent and stabilising attrition rates at 17.6 percent. Deloitte's India Talent Outlook 2026, based on input from chief human resources officers across 27 sub-sectors, reveals...

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ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation

ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...

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