But because he's in a way a public figure on television, they can still fire him for inappropriate behaviour that damaged the network's image and reputation.
When you're on TV, you're pretty much on the clock 24 hours a day. -- Watch my future television channel's public test broadcast! »thecanadianpublic.com/live
He might not be jobless, but certainly would be "encouraged" to go. He might find some trouble with certain political party members or the Olympics for sure.
On the other hand, he might get some sympathy in the "99%" crowd. May be he can find work at Faux News North TV or other non-main stream network or trash talk shows?