Microsoft released their latest version of Windows 10 on 9th June with build number KB4557957 and KB4560960, and according to users on subreddit r/msp, there is a serious bug in that update can affect some printer models.
It’s unclear what are the exact printer models that affected by this bug, however, in the Microsoft Answer forum, they mentioned that they are aware of this bug and working on a fix.
Microsoft has released acknowledging notice regarding this error might happen for users
Print spooler might error or close unexpectedly when attempting to print
After installing KB4557957, certain printers may be unable to print. Print spooler may error or close unexpectedly when attempting to print and no output will come from affected printer. You might also encounter issues with the apps you are attempting to print from. You might receive an error from the app or the app may close unexpectedly. Note This issue might also affect software-based printers, for example printing to PDF.
The solution in hand is to uninstall Windows 10 June update or to replace printer drivers, in the meantime Microsoft is working on a bug fix which is soon to be released.
However, there is no given timeline for the release, we can only hope that it will be fixed with the next security updates.