[gambiting]

Is that a uniquely American thing? I'm 100% certain that even if the company I work for was acquired, my current contract would still apply. So I would need to be given at least 3 months notice, and couldn't be discharged without a good reason - failing some internal interview wouldn't be such a reason.

[hansvm]

Perhaps. Most places in the US an employment contract can be terminated at will for almost any reason or without any specific reason.