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Technology Stocks : ASML Holding NV
ASML 1,436+1.6%3:59 PM EST

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To: Proud_Infidel who wrote (854)10/27/2003 7:51:21 AM
From: Proud_Infidel  Read Replies (2) of 43475
 
ASML Sees Possible Further Delay In Downsizing Workforce
Monday October 27, 5:05 am ET

AMSTERDAM -(Dow Jones)- Dutch semiconductor equipment maker ASM Lithography NV (ASML) expects a delay in its restructuring of possibly more than two quarters after its worker's council failed to agree on the plans, ASML spokeswoman Beth Kitchener said Monday.
She said the delay could mean restructuring will be completed in the second or third quarter of next year, rather than the first quarter as planned.

The worker's council says it believes ASML should take another look at the organization before pressing ahead with the planned 400 job cuts at its Veldhoven outlet.

Company Web site: asml.com
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