If Lehman Brothers can disappear overnight then H1B holders sometimes might worry what it the same thing happen to them? When the company file chapter 11, they might still operating so your H1B will be ok as long as you are not laid off. In other words, you need to be "hired" to keep your H1B. When you would like to go to next step, Green Card, it might be risky as USCIS will consider the company "ability to pay". Sometimes Fortune 500 company is not the best place to get H1B as they usually have more hiarachy and you need to go through more people to get your paperwork done. more people usually means more time and what H1B applicants do not have is time.
Sunday, September 21, 2008
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