Bloomberg Amazon.com is laying off more than 18,000 employees — the biggest reduction in its history — in the latest sign that a tech-industry slump is deepening. Chief Executive Officer Andy Jassy announced the cuts, which represent about 1% of Amazon’s employees, in a memo to staff, saying it followed the company’s annual planning process. The eliminations began last year …

Bloomberg Airbus SE Chief Executive Officer Guillaume Faury said supply-chain issues will continue to hold back the aerospace industry this year amid continued strong demand. Speaking at an event of the French aerospace lobby Gifas — which Faury also heads — the CEO said the industry faces a shortage both of parts and qualified employees. Airbus was twice forced to …

Bloomberg Ryanair Holdings Plc, Europe’s biggest discount airline, raised its profit target for the year through March following stronger-than-expected sales during the Christmas travel period. Annual earnings will be as high as €1.425 billion, compared with a previous target of as much as €1.2 billion, the Irish carrier said in a statement after markets closed. Profit in the fiscal third …