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If you are switching jobs:
"I'm leaving the business" is really a phrase that will require a lot of courage. When pronounced at the wrong period or in the wrong manner, it can have a very negative impact on your career. You may get a working job give with another company where the pay is higher, but you remain uncertain if that ongoing work environment will be better then the current one. After all, it is not all about the money. What if you change your brain later? After all, this is not a straightforward decision. Needless to say your boss can forgive you and consider you back, nonetheless it is not guaranteed.
