India, May 14 -- Microsoft recently confirmed they are cutting about 6,000 jobs, which is nearly 3% of its total workforce worldwide. This is a clear sign in the story of big changes happening in the tech world. The company based in Redmond says these cuts, which affect areas from LinkedIn to Xbox and especially reduce the number of managers, are a necessary business move. They call it "organisational changes necessary to best position the company for success in a dynamic marketplace."

But looking only at what Microsoft is doing would be missing the bigger picture. This isn't just one company rearranging itself. Instead, it's a major sign of a wider, often difficult, transformation happening across the global technology industry. Tens of...