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If you are switching jobs:
"I'm leaving the company" is really a phrase that will require lots of courage. When pronounced at the incorrect period or in the wrong manner, it can have a very negative effect on your career. You may get a job give with another company where the pay is higher, but you are still uncertain if that ongoing work place will be better then your current one. After all, it is not all about the money. Imagine if you change your brain later? After all, this is not an easy decision. Of course your boss can forgive you and hire you back, but it isn't guaranteed.
