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If you are switching jobs:
"I'm leaving the company" is a phrase that requires lots of courage. When pronounced at the incorrect time or in the wrong manner, it can have a very negative impact on your profession. You may get a job present with another corporation where the pay is higher, but you remain uncertain if that work environment will be better then your current one. After all, it isn't all about the amount of money. Imagine if you change your brain later? After all, this is not a straightforward decision. Of course your boss can forgive you and hire you back, but it isn't guaranteed.
