Dear all,
Learned friends have given apt responses based on the limited information. That's why I have not appreciated and validated their responses.
Dear Anonymous, I take this opportunity to appeal to all bloggers to give enough information about the person and the scenario. For example, had you given all the information, it would have helped people to give precise answers without having to assume (ASS-U-ME). Let me give some examples of the information that would have helped. How old is your friend and how long has (s)he been working for the MNC? What position does (s)he hold in the company? Is it a she or a he? What family commitments are there?
I know of a person that worked for a large computer firm in the United States. When he applied for jobs through consultants, he was told that he did not have any experience of working in small companies. He was only 28 at that time and not married. So, when HP were laying off people, he joined a small firm and quit that after one year and joined another small firm to get wider experience. Then he joined a large organisation as Vice President of Global ...... Then he was asked to leave without giving reasons. So, job in an MNC is not a guarantee. Now, at the age of 40 he is back at HP.
Another person that worked for an MNC, joined a small firm at a very high position; became the CEO within 5 years . His company was acquired by his old MNC and he became a millionaire within 10 years of leaving the MNC and is back with them.
So, what your friend should do depends upon his background, capabilities, inclination and above all LUCK.
Finally, I wonder why you have chosen to be Anonymous when raising a question about a friend!!!