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