H1b layoff • 7 options to stay in USA when laid-off on H1B

H1b layoff • 7 options to stay in USA • What to do when laid-off on H1B
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Facing employment termination as an H1-B visa holder can be insanely stressful. You may feel you're out of luck and may feel defeated. However, I assure you there are more options available than you think.
Why am I so confident? Because I've been there and done that. The US had the Great Recession from 2007 to 2009. Nearly 9 Million American jobs were lost, and the US unemployment rate peaked at 10% in October 2009. Like what's happening now, tens of thousands of H1-B workers were laid off then.
I was one among them. In fact, I had my H1B visa transfer request denied twice and came within 24 hours of leaving the US forever. However, I didn't give up; I turned every stone and explored every opportunity. My efforts paid off. I went on to get my H1-B and green card and became a US Citizen a few years ago. In fact, I started greencardEZ to help hard-working immigrants who want to do the right thing and pursue their American Dream.
Today, I'm sharing all the options I explored and some additional ones unavailable back then due to different rules.
If you're someone who has been affected by the tech layoffs or have friends and family involved, please take a moment to interact with this post to increase visibility.
Disclaimer: greencardEZ is not a law or accounting firm. The shared information is for informational purposes and not a substitute for tax or legal advice. Consult with a designated official, tax professional, or attorney on personal tax or legal matters.
Chapters:
00:00 Introduction
00:21 The Great Recession (2007-09)
02:10 Option 1
03:10 Option 2
04:10 Option 3
05:00 Option 4
05:39 Option 5
06:49 Option 6
07:57 Option 7
09:16 A New Hope

[@mounicabolleddu1495]

Hey that was a nice explanation
I have a question. I already crossed the grace period but my employer have not terminated me, for many reason I lost the projects during this time like project went on hold etc. I have 2 months left
I have 2 semesters left to complete my EMBA I was ex student to in the school, can I change my visa status From h1 to F1 (day1 -cpt)
If I apply for petition, will uscis approve it or they ask supporting document???
What document they may ask?

[@pranjalchaudhary5842]

Hi, I have an approved H1-b visa, but recently, I got laid off, I am looking into new employment, but it might take some time, what is the best approach here ? Lets say my termination date is 15 December, and I get new offer on 22nd of December, how long would it take for me start working again ?

[@juanmacastro2550]

Would the same case apply to L1B visa holders?

[@shafidrmc]

Hi, what about the WARN act? Companies like Microsoft and Meta usually keep people on payroll for 2-4 months. In that case, will the grace period be 2 months/60 days or 4 months (2 months payroll + 2 months grace period after payroll ends)? Thanks

[@greencardEZ]

Without looking at the specifics of the employment termination agreement, it’s hard to discuss specifics.
Typically the 60-day period starts on the last day one was employed, i.e., the last day on which one was paid.