25.6 C
State of Tripura
Saturday, July 12, 2025

Greater Agartala: AMC plans metro, flyovers & real estate reform

Agartala Municipal Corporation unveils 'Greater Agartala' a...

CM Manik Saha allocates key portfolios to Minister Kishor Barman

Tripura CM Manik Saha has allocated three...

10 villages in Sepahijala declared ‘Child Marriage Free’

Sepahijala district in Tripura declares 10 villages...

Microsoft shuts down operations in Pakistan after 25 years –

Must Read

Global technology giant Microsoft has officially shut down its operations in Pakistan after 25 years, as part of its global restructuring plan.
 
The company announced the move citing a shift to a cloud-based, partner-led model and broader workforce reductions about 9,100 jobs cut globally.
 
Former Microsoft Pakistan head Jawwad Rehman confirmed the closure and linked the decision to Pakistan’s challenging economic conditions, political instability, high taxes, currency issues, and trade restrictions.
 
Meanwhile, Former President of Pakistan Dr. Arif Alvi called the move a troubling sign for Pakistan’s economy.
 
He recalled a missed investment opportunity in 2022, when a planned Microsoft expansion was reportedly canceled after political changes in the country.
 
Microsoft first opened in Pakistan on March 7, 2000, playing a key role in the country’s digital growth. Experts suggest that the company’s exit highlights broader concerns about Pakistan’s economic and political climate.
 

- Advertisement -
spot_img
spot_img
spot_img

Latest News

Union Minister Piyush Goyal Hails UNESCO Recognition of 12 Shivaji Forts as Symbol of National Pride

Union Minister Piyush Goyal congratulated the people of Maharashtra on the inclusion of 12 historic forts of...