This paper discusses contemporary transformations in the way work is organised and the consequences for the stability of careers and biographies. It debates the widely held belief that organised and predictable life-course paths (including professional careers) have ceased to exist and that work itself has lost its stabilising quality. Biographical data collected among Polish employees of transnational corporations within the project “Poles in the World of Late Capitalism” proves that even though transnational corporations are widely criticised for propelling neoliberal tendencies in the global economy, they provide a means of protecting their employees against today’s uncertainty and occupational risk. Three empirical cases are presented to show how work in a transnational corporation may contribute to achieving and maintaining stability for persons who have had troublesome experiences of working in other sectors of the labour market.