Offered a job, signed job contract but offer was retracted at the last minute?
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Offered a job, signed job contract but offer was retracted at the last minute?
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I have been offered a graduate position in a consultancy firm back in April 08 and I have signed and return back the contract to the company at the end of April. As per normal practice, they have send me a thank you note and also invited me for the graduate function. All of a sudden (on the 16th July 08), the company send me a letter to notify that my contract has been retracted, stating that due to the resturucturing of the company, certain projects which I was initially involved in has been cancelled, and hence they could not offer me the contract any longer.
My main concern now is I have stop looking or applying for any other jobs alltogether back in April once I have accepted this job offer. It is the mid of July now, and most companies graduate position application has pass its deadline. Am I supposed to just reply to them 'Thank you so much for the info, I really appreciate all the troubles you have gone through'? Is it legal for the company to just retract the contract back?
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leonard s
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I would express this to them and if no decent offer is made.hire an attorney as you have incurred a financial loss |
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older
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if they signed the contract as you did then it is a binding contract---do you have a copy of contract with their signature on it? |
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Judy
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Did they also sign the contract? If so, it's binding, so read it and see what their rights are to terminate it. They don't have to still have a position for you, but might have to pay you something.
Good luck - this is tough, since you're right, many companies have already done their hiring. |
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hlstarch
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Key question: what country are you in? Ordinarily, I assume that people who don't bother to say are in the US, since people in other countries seem pretty good about *not* assuming every one else on the Internet is from their country. However, nobody in the US (that I know, anyway) would call July 16th "16th July."
Another big question, wherever you are, but particularly on the off-chance you're in the US is: what does your contract say?
At least in the US, the vast majority of employment contracts, particularly for entry-level positions, do not alter your at-will status. |
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living green
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I'm not sure if what they did was legal or not, but it was a crappy thing to do! I think that there are a lot of companies that are really struggling, and cutting back what they can! Luckily for me, the company I work with is great and just keeps growing! Check out my website and let me know if you want more info.
http://www.twfl.advancingwithus.com |
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