Fort Collins based Otterbox has confirmed that layoffs have occurred within the company this week, all part of restructuring.

According to the Coloradoan, the internal reorganization of the company was completed on Tuesday and was brought on by competition from other businesses creating the same products.

The reorganization comes after the company laid off employees in July, 2015.

Otterbox is considered one of the largest employers in the city and as of the end of 2015 had employed close to 600 people.

Our thoughts go out to all of those who have lost their job this week in the restructuring.