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by molf 289 days ago
Not only are the CEO + COO French, they recently hired Le Maire, French ex-minister of Finance as a strategic advisor. ASML has also been rumoured to exit the Netherlands and relocate to France.

It is definitely a political move.

2 comments

I doubt the relocation: they just announced a new production site with 20.000 job openings in the next 3 years around Eindhoven.

I'm sure the French would love it, though. I always thought ASML would open a R&D facility in France or so to court the French government.

Guess this is it.

I agree that a relocation might not happen, but the increasing Frenchification of ASML after their CEO became French does smell a little off.
Are Google and Microsoft “Indianified” because their CEOs are from India?
I think you misread my comment. Did the CEOs of Google or Microsoft hire former ministers from India as strategic advisors, or make unprecedented and eyebrow-raising investments in Indian startups?
There is not enough power in the region to facilitate ASML demand. Rumors of dc's opening in France instead.
> they recently hired Le Maire, French ex-minister of Finance as a strategic advisor.

Then I can say without much speculation that this will end in a disaster.

Hiring Le Maire as a strategic advisor with his "accomplishments" should be taken as a sign of clear enshitiffication.

He won't be giving any advice, they are buying his contact list.
Still smells like corruption