THIS company shows Shehbaz Sharif his place, takes a big step to collapse Pakistan's economy
Pakistan's reputation is continuously declining and seeing the environment in Pakistan, foreign companies have also started withdrawing from Pakistan. Recently, after 25 years, a foreign giant company has taken a step which Pakistan was not expecting at all. After this step, Pakistan is being embarrassed all over the world. In fact, the giant company has completely closed its office in Pakistan. Which is a very bad sign for Pakistan's economy. Let us also tell you which giant company has completely withdrawn its hands from Pakistan.
Microsoft exits from Pakistan
The world's leading tech company Microsoft announced the closure of its limited operations in Pakistan as part of its global strategy to reduce the workforce. On Friday, various parties called it a worrying sign for the country's economy. Microsoft cited global restructuring and a shift to a cloud-based, partner-led model while closing its office in Pakistan after 25 years. The move comes at a time when Microsoft has cut about 9,100 jobs (about four percent of the workforce) worldwide in its largest layoff round since 2023.
Why did Microsoft exit?
Former Microsoft Pakistan founder Jawad Rehman urged the government and the Information Technology (IT) minister to engage with tech giants with a bold KPI (key performance indicator) driven plan. He said the company's exit from the country reflects the current business environment. Rehman wrote on LinkedIn, a social media platform for professionals, that even global giants like Microsoft find it unbalanced to remain.
Matter of concern for the economy
Former Pakistan President Arif Alvi also expressed concern over Microsoft shutting down operations in a post on social media platform X. He wrote that this is a worrying sign for our economic future. Alvi claimed that Microsoft had once considered Pakistan for expansion, but due to that instability the company chose Vietnam by the end of 2022. He wrote that the opportunity was lost.
Jawad explained that Microsoft does not operate a full commercial base in Pakistan, but instead relies on liaison offices focused on enterprise, education and government customers. In recent years, much of that work has already been delegated to local partners, while licenses and contracts are managed from its European center in Ireland.
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