Cabela's headquarters employees receive buyout offers

(MGN)

SIDNEY, Neb. (AP) — The remaining employees at Cabela's former headquarters in western Nebraska have received buyout offers.

The Omaha World-Herald reports Bass Pro Shops delivered the offers to Cabela's employees in Sidney last week, but it's not clear how many positions will be eliminated.

Bass Pro bought Cabela's in a $5 billion deal last year. Officials pledged to maintain significant operations in Sidney but kept the headquarters in Springfield, Missouri.

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 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.

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