By Greg Bensinger Jan 28 (Reuters) - Amazon confirmed 16,000 corporate job cuts on Wednesday, completing a plan for around 30,000 since October, while leaving open the possibility of further reductions.

Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the ecommerce company, made the announcement Wednesday in a blog post. The cuts follow a round of job cuts in October, when Amazon laid off 14,000 workers.

The latest round of terminations follows another mass layoff by the company in October last year, where around 14,000 workers were let go.

Amazon is laying off 16,000 employees, the company’s second round of massive job reductions in two months as it fights to improve its standing in the battle for AI supremacy.

UPS is planning to cut up to 30,000 operational jobs this year as the package delivery company continues with its turnaround efforts and reducing the number of Amazon shipments that it handles.