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PeterStuer · 2 years ago
FWIW my take would be the EU should not just prevent ASML from leaving, but also prohibit non-EU ownership for regional strategic reasons.
plextoria · 2 years ago
"Prevent" is a strong word. I would say that the best thing EU can do is facilitate conditions that would encourage ASML to stay home. Something obviously isn't going well if ASML can't expand within NL/EU and putting any further restrictions would scare businesses off.
refurb · 2 years ago
How do you “prevent”? Throw employees in jail?

Last I check the Dutch have good protection for human rights.

cma · 2 years ago
Just curious given their role in the world economy, are they above sea-level there?
bobs_salsa · 2 years ago
ASML is located in the south of the Netherlands in Maastricht which sits at around 50m above sea-level.

So they have nothing to worry about on the climate change front

martijnvds · 2 years ago
ASML is in Eindhoven, an hour's drive north of Maastricht.
smallhands · 2 years ago
50m above sea is not that safe !
WonderingMary · 2 years ago
I dont understand right-wing politicians sometimes. Something like this has happened in sweden and now employers there are starving for talent. basically there is a salary limit that changes often and a person who has already met the requirements for a work permit all of a sudden needs to have their salary increased same month the limit changes or face renewal-extension of work permit and immediate deportation.

We are not talking here about low-wage workers either (can you imagine the level of knowledge and skills required to work for ASML), why attack that group of people specifically?

jbverschoor · 2 years ago
May? Most likely will.
FirmwareBurner · 2 years ago
Where would they go? Germany? They don't give any tax breaks for migrant workers there. Actually nobody else in the EU does, it's only a Netherlands feature. Switzerland? It's even more difficult to get work visas there. US? Same and you need to pay even higher wages. Belgium? UK? Luxemburg?
yourusername · 2 years ago
From reporting in Dutch newspapers the government thinks ASML might be considering France.
sapling-ginger · 2 years ago
Dubai, Israel, Singapore. Why do you think only Europe can do this?
MEMORYC_RRUPTED · 2 years ago
Spain does it, Portugal does it. Sweden does it.
vivekd · 2 years ago
Canada, our government's happy to have companies bring in underpaid foreign labour instead of hiring locals. Sad that hasn't really gotten is anywhere in terms of attracting business investment.

I think maybe we should see through the corporate nonsense and stop pandering to these companies and their demands. There's more to being investment friendly than just offering low taxes and a surplus of cheap foreign labour.

ThisIsMyAltAcct · 2 years ago
> A significant portion of ASML's workforce, about 40%, consists of labor migrants. The company has expressed concerns about the potential tightening of labor migration rules by a new right-wing cabinet, which could hinder its ability to hire new personnel and grow
PeterStuer · 2 years ago
Not informed about NL politics, but would any government be hindering high skilled legal immigration? In my experience this type of migration is highly encouraged, regardless of the left/right leanings of a government.
weweersdfsd · 2 years ago
Definitely some are. In Finland the situation is basically such that if you cross the border from Russia illegally, you can just claim asylum and stay here for a long time, especially if your home country refuses to take you back against your will (which requires a police escort and lots of bureaucracy anyway). Meanwhile legal migrant workers, including skilled labor, are now subjected to tightened employment restrictions. If you lose your job and don't start in a new one within six months (original plan was three), you'll have to leave. This may make sense for low-skilled labour (of which there is no real shortage anyway), but IMO not for highly trained specialists that are in demand.

Many EU countries are only good at attracting exactly the kind of migration that isn't beneficial to economy.

PlutoIsAPlanet · 2 years ago
Yes, as an example the UK government just made it harder for foreign caregivers to migrate to the UK, despite the fact there's a severe shortage.

https://twitter.com/JamesCleverly/status/1759597950353752091...

Less migrants, or at least looking like you're trying to have less, tries to get the populist vote.

jessekv · 2 years ago
Lately the Netherlands is revising tax laws that are disproportionately advantageous to those with higher incomes.

Tax breaks for well-paid foreigners are difficult to justify in this political climate, and have been reduced substantially in recent years.

FirmwareBurner · 2 years ago
I love it when right wing political muppets are being shut down by innovative companies.

What a lot of xenofobic pundits from wealthy counties who vote right wing don't understand, is that a lot of their economic growth they saw in the last decade or two came BECAUSE of migration.

Would be curious if they're ready to put their money where their mouth is, as in, accept economic contraction for the sake of "getting rid of foreigners".

beretguy · 2 years ago
Why is migration considered a good thing? Migrants are taking away jobs from locals. Moving places is hard, you leave family and friends behind. It’s better when everybody finds jobs locally where they live.