Can a Company Legally Rescind a Job Offer?

Congratulations! You’ve pounded the pavement, networked, networked some more, interviewed, and voila! You’ve been offered a job.

Check that — you were offered a job until a company rescinded the offer after negotiations occurred. Enter screeching car tires here.

Wondering if it’s legal or not? Well, unfortunately it is indeed legal. Greg Giangrande, the chief HR officer at Time, Inc. points out in today’s New York Post, an offer is simply that an offer. “And even if you accept the offer — unless there’s an employment agreement that specifies terms and conditions — it is an offer of employment ‘at will,’ meaning either party can terminate the relationship at any time.

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