global workforce the move is part of a major restructuring that the company says will save $600000000.00 annually and streamline its operations about of a 3rd of the layoffs will will be in the u.s. forces also cutting jobs across europe as part of a separate plan to turn around its business there including $5000.00 positions in germany. and let's look at some of the other business stories making news. the chairman of the us federal communications commission said bill backed the $26000000000.00 merger of sprint and germany's t. mobile sending shares of both firms upward pi's said the merger would approve build out of 5 g. wireless networks across the country the f.c.c. will give its formal verdict to the merger next month the us justice department also has to approve the deal. ryanair has posted a 29 percent drop in annual profit budget airline blames higher fuel costs cabin crew strikes and fears competition is says it's also affected by the grounding of