Microsoft needs to change its mobile strategy or get out

Microsoft has had a rocky few years as it tries to compete with the likes of Apple and Samsung in the smartphone world. This week, it looks like the wheels are finally falling off. The company announced Wednesday it’s cutting 1,850 jobs, with 1,350 coming from its Finnish operations, known as Microsoft Mobile Oy, and an additional 500 from other regions. The move also includes a $950 million restructuring charge for the company, with $200 million going to employee severance packages. The news comes just a week after Microsoft confirmed it was selling its feature phone business to FIH Mobile and HMD Global for $350 million. Microsoft’s smartphone struggles speak to a larger issue facing potential competitors to Apple’s iOS and Google’s Android: With so many consumers already embedded in one operating system or the other, creating a viable third alternative is a virtually Sisyphean task. In fact, according to comScore, Microsoft’s share of the US smartphone market is a paltry 2.7%. T...