Employment Contracts: What does the clause "employee reserves the right to terminate contract" imply?

[Kross]

My friend was given a appointment letter from a new job he has just landed. In that employment letter, there is a clause that the employer reserves the right to terminate the contract without notice. What does that imply? Would you sign that kind of contract?

 

[Springtime]

Usually, if an employer wants to fire an employee, s(he) should give the employee certain days of notice. Unless the employee committed a crime such as stealing company secrets and give them to competitors, then the employer can ask the employee to leave immediately. I think the Clause aims to protect the employer.

 

[Fidelia]

There must be some violations in the contract that would lead to termination without notice. It is always clearly stated. Could be fraud or stealing.

 

[eLdavis]

Most companies usually let you know they are letting you off either a month before the actually date or weeks before the date, but with this contract, the employer has the right to fire you anytime without informing you about it.