Over 100 to lost their jobs at a former Cabela’s Operation

Officials say more than 150 people will lose their jobs at Cabela’s former credit card operation in Lincoln. Capital One Financial notified the state last week of its plans to lay off 153 employees within two months. As part of Cabela’s $5 billion sale to rival outdoor outfitter Bass Pro Shops last year, Cabela’s subsidiary World’s Foremost Bank also sold. Capital One said the remaining Lincoln employees will focus on serving customers of the Cabela’s Club credit card.