Thread regarding Cabela's Inc. layoffs

A word of wisdom to anyone having to make a tough choice

If you were offered an early retirement- package, take it! Sincerely, JM has been very civil and beyond honest in attempting to be fair - his offer is substantially better than anything that Tommy and crew Ever offered. If you choose to disregard which is respectful, you will be out with nothing extra and no job. This is a real opportunity to leave with something and to leave with dignity on your own which will make a difference in your job search. Good luck. We are very very fortunate that JM has provided us with this opportunity to make a more positive exit. Once gone, real world sets in, quickly

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You know, I think it is really sweet that good ol' JM is being so sweet and kind with his severance deal. What would have been really sweet and kind would have been to keep any of the employees in Sidney even a little bit in the loop of what was happening and coming down the pipeline. He showed up for a Christmas party, got up in front of everyone and basically told them they were all going to get fired. IT and some accounting would stay. At a Christmas party. Such class and kindness,

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When I was checking into unemployment benefits someone in HR notified the state that I left the company by my choice instead of telling them they had layoff. Luckily I got another job so didn’t have to file. File for unemployment as soon as you can because of the approval process and your first check might take 4 to 8 weeks. Also you will get frustrated by the weekly steps and submitting jobs each week.

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I remember several Sidney folks that had been with Cabela's for more than 20 years. If the severance pay is 2 weeks for every year, they are big winners.

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Go ahead and take that 40 grand. After taxes, you’re going to take home about 16 grand. I’m sure you can get far with that. Lmao

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If you take the voluntary retirement are you eligible for unemployment after your severance runs out?

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Correct. The package is a one time deal. If you don’t take it and they lay you after the 3/1 deadline you get severance only instead of the combined package.

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So only Sidney got the package. How about the Sidney corp office. Did they get a severamce

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So why are they doing this?

Why have two different clearing periods? Why have people choose if they want retirementor layoff? Why not just have every one go at the same time?

The only thing that I can think of is there might be some tax advantage to BP by offering the retirement versus layoff OR there might be a PR advantage to say all these people retired...not laid off.

Any other possibilities?

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And an actual lay off will happen very quickly after the deadline. This isn’t a “maybe” he is offering a parachute before the door opens

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It will not even be close as far as generosity

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"If you choose to disregard which is respectful, you will be out with nothing extra and no job. "

What does this mean? If you don't take retirement and they lay you off you just get severance?

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