ASML, the world's largest computer chip equipment maker, announced it has dropped its inclusion and diversity targets in the U.S. to ensure compliance with local regulations. This decision reflects a strategic adjustment to its human resources policies.
The company stated that its diversity and key performance targets would no longer apply to U.S. employees to the extent that its inclusion and diversity policies conflict with U.S. laws and regulations. However, these targets will continue in all other markets.
This move aligns ASML with other European firms that have modified their policies to avoid potential penalties stemming from an executive order issued by U.S. President Donald Trump, which targeted diversity, equity, and inclusion initiatives.
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