The city council voted in favour of the plan to develop a new campus close to the airport on Tuesday evening, after giving initial approval in 2024. As well as 20,000 ASML jobs, officials expect tens of thousands of new supply industry jobs to be created.

A number of political parties and other organisations had protested about the plans, saying they feared the housing shortage would increase and house prices would rise even further. They were also concerned about pressure on the roads and public transport, as well as the healthcare system.

ASML wants to begin construction before the summer and expects the first workers to start in early 2028.

Job cuts

Despite the expansion plans, the company said in January it is planning to cut its workforce by 1,700 jobs in the coming period.

The jobs, the company said in an email to staff ahead of the presentation of its 2025 earnings, will mostly go in the Netherlands and involve “streamlining” its technology and IT divisions to improve the focus on innovation and engineering.

The reorganisation, the company said, is necessary to ensure further growth by bringing back “the fast-moving culture which made us so successful”. ASML has a global workforce of 43,520.

ASML is one of Europe’s biggest companies and a major player in the Dutch economy.

Based in Veldhoven near Eindhoven, the company has been at the forefront of efforts to persuade the Dutch government not to discourage highly skilled workers from moving to the Netherlands from abroad.