More than 100 bodies are set to lose their jobs at the above Cabela’s acclaim agenda operation.
Capital One Financial, which took over the operation aloof over a year ago as allotment of the Bass Pro Shops acquirement of Cabela’s, is acid about 150 jobs at its Lincoln operation at 4800 N.W. First St., a aggregation agent accepted Monday.
The aggregation had filed a apprehension with the Nebraska Department of Labor aftermost anniversary that it affairs to lay off 153 bodies aural the aing two months.
Such a apprehension is appropriate beneath the Worker Adjustment and Retraining Notification Act aback a aggregation affairs to lay off a ample cardinal of workers.
Capital One said in a account that the Lincoln area will abide as a armpit focused on application barter of the Cabela’s Club acclaim card.
However, “some specialized responsibilities are transitioning to added sites aural our brand area we accept similar, absolute teams,” the account said. “This includes groups focused on fraud, recoveries, some back-office account positions and accumbent abutment roles.”
Capital One said afflicted advisers can administer for added accessible positions aural the company.
Those who accept not to administer or are clumsy to acquisition accession job internally will accept a severance amalgamation as able-bodied as abetment to acquisition accession job.
As allotment of Cabela’s $5 billion auction to Bass Pro Shops aftermost year, its World’s Foremost Bank accessory was awash to Synovus Financial, which in about-face awash the Cabela’s acclaim agenda portfolio to Capital One.
Capital One, which has a 10-year arrangement to bazaar the Cabela’s Club acclaim card, said at the time that it planned to accumulate the operation in Lincoln, and it retained about all of the 500 or so employees.
The cuts in Lincoln add to the job losses in Sidney, as Bass Pro pares aback operations in the above home of Cabela’s accumulated headquarters.
Earlier this year, about 300 Cabela’s advisers in Sidney took buyouts that were as aerial as $40,000 per being for some abiding workers, in accession to whatever approved severance payments they received.
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