Cabela’s Reduces Corporate Work Force

Sidney, Neb. Cabela's Inc. said Tuesday it is cutting 10% of its staff at corporate headquarters in Sidney, Neb.

Two-thirds of the reductions will come from not filling open positions, and one-third will come from job cuts. Cabela's will offer severance payments and outplacement assistance to affected employees, though a spokesman declined to comment on a firm number.

Across all operations, Cabela's has about 11,300 workers.

"This workforce reduction is an effort to reduce costs and improve efficiencies," said Dennis Highby, Cabela's president and chief executive. "While this was a difficult and challenging decision, I believe it was necessary given the macroeconomic environment we are facing. We don't expect these changes to impact customer service."