Cap­i­tal One to cut ex-Ca­bela’s credit card work­ers

Richmond Times-Dispatch Weekend - - BUSINESS -

Cap­i­tal One Fi­nan­cial Corp. plans to lay off 153 em­ploy­ees at Ca­bela’s for­mer credit card op­er­a­tion in Lin­coln, Neb., within two months. As part of Ca­bela’s $5 bil­lion sale to Bass Pro Shops last year, Ca­bela’s sub­sidiary World’s Fore­most Bank was sold to Synovus Fi­nan­cial, which then sold the Ca­bela’s credit card port­fo­lio to Cap­i­tal One.

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