ASML Holding NV said it will cut about 1,700 jobs in the middle of a sales boom after feedback that the Dutch chip-machine maker is too bureaucratic.The reductions, amounting to about 4% of staff, will largely affect managerial positions in ASML’s IT and tech departments, Chief Executive Officer Christophe Fouquet said in a statement on Wednesday as part of the company’s fourth-quarter financial results. Most of the cuts will be in the Netherlands with other job reductions in the US....