Bass Pro Shops offers buyouts for corporate Cabela's employees

Bass Pro Shops offered two separate buyout packages to corporate staff at Cabela’s headquarters in Nebraska as the outdoor retailers continue consolidation efforts.

Bass Pro Shops Chief Executive Officer Johnny Morris said the severances offer a generous option for “all those negatively impacted” by the company’s $5 billion acquisition of Cabela’s in September.

“We do not take this process lightly and have a great deal of concern for the impact on our people,” said Jim Hagale, Bass Pro’s president and chief integration officer, in a Feb. 15 letter to employees.

Cabela’s employs more than a quarter of the 6,800 residents in Sidney, Nebraska. It’s unclear just how many jobs will be eliminated as Bass Pro Shops consolidates administrative positions at its headquarters in Springfield, Missouri. Morris has repeatedly promised to be “fair and supportive” of the displaced employees, including donating $10 million of his own money to fund severances.

“Our priorities through this process are to be respectful, direct, timely and supportive,” Hagale said. “We recognize that Sidney is a small rural community and that opportunities to continue a similar career path with a different company may be limited. This enhanced offering is meant to provide additional assistance for that career transition.”

The two packages offer either a $40,000 lump sum to Cabela’s employees over age 50 with more than a decade of service or a $20,000 pay out to those under age 50 and/or with fewer years of service. Hagale said the packages “go above and beyond” what employees could receive in the future.

“Some of you may have already been thinking about the option of retiring and these programs may help that thought process,” he said. “Likewise, there may be a number of you that are not open to relocating from Sidney if opportunities are presented elsewhere and this program is presented to be helpful for you as well.”

Employees have until March 1 to act on the severance packages, according to Hagale’s letter.

Read More On:

Latest Reviews

  • A Look at the Sig P238, A Year Later

    The Sig Sauer P238 was the first .380 ACP BUG to grace my gun safe, a welcomed addition to the 9mm polymers, .38 SPL revolvers, and .45 ACP 1911s. After more than a year's worth of use, where do I stand on the P238? Let's find out.

    Read More
  • Tuck & Carry: CCW in a Skirt

    Aimed at those who want the comfort and convenience of a skirt but with the protection of a holstered gun, the Tuck & Carry occupies what I term apparel holsters -- that is clothing/holster duos.

    Read More
  • The Marlin Dark in .45-70 is Stealthy and Modern

    Flash forward the lever gun of Western lore to the 2020s, where Marlin has taken that classic design and given it a modern upgrade. Meet the Marlin Dark.

    Read More
  • Gear Review: Sig Sauer Tango 6T 1-6

    Sig Sauer has long been a big name in the firearms industry, so it came as no surprise several years ago when Sig filled out its repertoire with its own optics line. Today, we’re looking at the Tango 6T, a 1-6 low power variable optic.

    Read More