15 Feb 2017
Katz Media Group Response
9yIt is understood and agreed by Katz employees, that employment is on an “at-will basis.” This means that both the employee and Katz have the right to terminate someone's employment for any reason or no reason, with or without cause or prior notice. This policy is quite standard in business and each employee starting at Katz signs an offer letter containing this language.
Of course, it is not Katz's mission to terminate employees as we hope that we'll foster a relationship with our staff in which employees can learn and grow and have a long career with Katz. This is definitely evidenced by the large number of employees that have long been tenured with the company.
Unfortunately, sometimes, due to the business climate a reduction in staff is necessary. It is never an event that management wants to happen nor takes lightly.