The remaining employees at Cabela’s former headquarters in western Nebraska have received buyout offers, according to a report from World-Herald. The report indicated it’s not clear how many positions in Sidney, NE will be eliminated.
A letter outlining the buyout offer that the World-Herald obtained says Cabela’s employees who are over 50 years old and worked for the company at least 10 years can receive bonuses of up to $40,000 on top of two weeks of severance pay for every year of service. Longtime employees are also being offered lifetime discount cards for Bass Pro and Cabela’s stores.
The announcement follows this year’s purchase of Cabela’s by Bass Pro for more than $4 billion. The deal was completed on September 25.
Many Nebraskans are concerned about how the merger will affect jobs in Sidney, a city of about 6,800 where Cabela’s has employed 2,000 people in recent years. Bass Pro officials have pledged to maintain significant operations in Sidney, but kept the headquarters in Springfield, MO.
Morris said when the merger closed, “As we move forward, we are committed to retaining everything customers love about both Bass Pro Shops and Cabela’s by creating a ‘best-of-the-best’ experience that includes the superior products, outstanding customer service and exceptional value our customers have come to expect. We’re also deeply motivated by the potential to significantly advance key conservation initiatives.”
Photo courtesy Cabela’s