I've seen a few people in similar positions at my company do the very same thing - give warning that they were thinking about leaving. One had already made the decision to move away but had not found a job yet, one announced that he was leaving to go to grad school full time, and one actually had a job offer and told them he was contemplating it. All three were allowed to stay until it was time for them to leave (6 months in the case of grad school guy), and the one who was considering another offer was given a counteroffer by my company and ended up staying for another year. The job we do is extremely specialized and it takes many months to train someone to the point where they are useful, and right now the timing is such that if they didn't let me stay, the production schedule would be totally screwed up.
I have decided not to tell them because if the job I interviewed for doesn't work out, I have no idea how long it will be until I find one, and raise time is just around the corner. Grad school guy didn't get a raise because of his announcement.
I know people sometimes get walked out for doing what I was thinking about doing. I know people who it's happened to. I think it's even happened at my company, but I am pretty familiar with how things work in my dept and the people I work for, and I just don't think they would do it, especially considering that they haven't in the past. There would be no reason for them to except to punish me, and they would just be hurting themselves.



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