I think they want to sell the company or take it back private and they are cleaning up prior to the transaction.

Anyone have any news as to what the reasoning is? I heard of anywhere from 5-30 people per store got booted...

Funny you mention this. I went in to the one in FW on Tuesday and the shop lights were off in the archery dept and nobody was working back there. No archery service that night. I just thought that they had a meeting or something.

I went in to Cabelas today in Buda (Texas) to have them put a rest on a bow that I'm selling, and they only had one guy in the archery department (usually they have 2-3) and I asked the guy why the slow service? He responded that yesterday they laid... — read more 

EOM

Edmonton, AB; Anchorage, AK; Rogers, AR, AR; Glendale, AZ; Grand Junction, CO; Lone Tree, CO; Thornton, CO; East Hartford, CT; Boise, ID; Post Falls, ID; Hoffman Estates, IL; Hammond, IN; Kansas City, KS; Wichita, KS; Louisville, KY; Gonzales, LA... — read more 

Cabelas in Rogers, AR has let 2 dozen people go (more or less) so many full time people got laid off and lost their jobs, one even lost his home. Its sad they handled it and it sounds like everyone had the same "script" read to them and then sent... — read more 

Not the kind of "Black Friday" people in retail are used to. Today my Cabela's store laid off/fired/whatever between 25 and 30 people. It is impossible to put an exact number on it at this point as the blood trails went in so many different... — read more 

We all know what's happening, dozens of rumors flying around