Microsoft is shutting down its local operations in Pakistan, leaving approximately 1,400 employees without jobs. According to reports, the company has been struggling to find suitable talent in the region, with only about 20% of Pakistani graduates having a basic understanding of programming languages like Python and Java.
The move is expected to have a significant impact on the country’s IT industry, which currently employs around 1 million people. With Microsoft’s exit, Pakistan will lose its largest foreign employer, leaving many workers without job security or opportunities for professional growth.
Statistics show that the Pakistani IT sector has been growing at an annual rate of 15%, but the lack of skilled labor remains a major challenge. The country needs to produce around 100,000 software engineers annually to meet industry demands, but currently only about 20,000 graduates are available each year.
Microsoft’s decision is also expected to have a ripple effect on the local economy, with many small businesses and startups relying on the company for contracts and partnerships.
Awab Alvi
@DrAwab
Β·
Jul 2 Microsoft is shutting down its Pakistan operations after 25 yrs β laying off staff
So much for the economic boom hype . With Uber & many others exiting, Pakistan’s economy is crumbling despite this fascist govt’s desperate attempts to convince us otherwise with hollow promises.
Akhil Pillai
@akhilpillai0589
Β·
Jul 4 Microsoft has shut down all operations in Pakistan.
Pakistan’s economy is now spiralling into a whirlpool of uncertainty.
#FailedStatePaksitan
Infra Talks
@InfraTalksYT
Β·
Jul 3 Microsoft exits Pakistan after 25 years!
Tech giant shuts down all operations in Pakistan amid global layoffs.
Comes a day after announcing 9,100 job cuts (4% workforce) β largest since 2023.
#Microsoft #Pakistan #TechNews #Layoffs #GlobalBusiness #IT #Jobs #Technology
Business Recorder
@brecordernews
Β·
Jul 3 Tech software giant Microsoft has shut down all operations in Pakistan, according to media reports on Thursday.
The report comes just a day after Seattle Times reported that Microsoft had announced it was laying off as much as 4%, or roughly 9,100, of its employees in the
Everyday Pursuits
@evrydaypursuit
Β·
Jul 3 Tech Giant Microsoft has shut down its operations in Pakistan.
Joblessness is already at peak in Pakistan
#Microsoft #Pakistan #TechNews #Layoffs
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