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Unfortunately, the answer is no. For the most part, employers can rescind a job offer for any reason or no reason at all, even after you've accepted their offer. So, what happens if you have already accepted a new job and the employer decides they don't want to hire you?
An offer of employment can be withdrawn if it has not been accepted by you.This is because there has been no legally binding employment agreement. There may be terms and conditions within the employment contract that stipulates legal actions that will be taken by the employer if the contract has been breached.
If an offer that has been accepted is then withdrawn, your employer has 'breached' the contract. It may be possible for you to sue your new employer as a result, if you have suffered loss, for example because you have left your previous job to take up the new offer.
Ask if the job offer letter can reflect what the company will do if the job offer is withdrawn. If there is a signing bonus or an advance, ask what will happen to it. Ask if your offer of employment can make it clear that you can keep it if your offer is revoked.
Responding to a revoked offer Get an explanation: Stay calm, let the organization know that you're disappointed in losing this opportunity, and request a detailed explanation of their decision.
Use a professional format. While it's acceptable to leave out the contact information blocks and handwritten signature, the rest of your letter should be written in a formal business letter format. Be mindful of your subject line. Invite the employee to keep in touch. Proofread the letter.
Unfortunately, I have decided that I will be staying in my current position. Therefore, I would like to formally withdraw my application from consideration. I made this decision because I like what I am currently doing, and I don't think I would be able to move away from my hometown.
In the event you need to rescind a job offer, you should accompany a phone call with a notice in writing. While a properly worded offer letter should clearly state that it is not a contract, a formal notice acts as an official record and a deterrent against any legal action.